The Board of Directors of China Financial Leasing Group Limited announced that Mr. Chung Koon Yan has tendered his resignation as independent
non-executive director of the company with effect from 18 January 2013 as he wants to allocate more time on his personal matters. As such, Mr. Chung has also resigned from the chairman of remuneration committee, a member of nomination committee and audit committee where Ms. Kwok
Yuen Lam, Sophia has been appointed as the chairman of remuneration committee to replace Mr. Chung. The Board announced that Mr. John Yen Jong Ling and Mr. Wang Qiang have been appointed as non-executive directors of the company with effect from 18 January 2013. Mr. Wang has also been appointed as deputy chairman of the company. Currently, he is the founder and chief executive officer of Yuan Asset Management Limited. For the past more than 20 years, Mr. Yen has held various senior positions with different financial institutions in New York, Hong Kong and Taiwan. He had been a director of China Merchants Securities (HK) Co., Limited from 2007 to 2011, an executive director of AVANTA Investment (International) Limited from 2006 to 2007. Mr. Wang, in 1995, founded Tianjin City Xiefu Economic and trading development Limited. Mr. Wang is currently the general
manager and legal representative of the company.