The board of directors of China Hongqiao Group Limited announced that Zhang Ruilian has been appointed as an executive Director, Chen Yisong as a non-executive Director, Zhang Hao as alternate Director to Mr. Chen Yisong and Mr. Dong Xinyi as an independent non-executive Director, a member of the audit committee, the nomination committee and the remuneration committee of the company, with effect from 11 December 2017. Zhang is the vice president and the chief financial officer of the Company. Zhang joined the Group in June 2006 and has over sixteen years of accounting experience. Chen has also been an executive director of CTI Capital Management Limited since October 2014. Since August 2014, Mr. Zhang has served as the chief executive officer and the executive director of CTICM and also served in CTI Capital Hong Kong Limited. Zhang concurrently serves as the director of international business of CITIC Trust Co. Ltd. Dong has also been the director of Beijing Institute of Financial Services Law since December 2014, an attorney at Beijing King & Capital Law Firm since February 2016, and the director of Institute of Securities Law of China Law Society since April 2017.