Faster Enterprises Limited announced that Mr. Liang Chen and Mr. Guorong Hu have been appointed as Independent Non- Executive Directors of the Company. FE8 further advises the appointment of Mr. Norman Wu, Executive Director, as Chairman of the Company on an interim basis. Mr. Chen has over 15 years of experience in the technology and lithium battery industry, having held senior management positions in well-known companies. He served as Deputy General Manager at ZTE Corporation, and was the head of the new energy project, forming Shenzhen ZTE Innovative Material Technology Co Ltd. and building ZTE New Materials as the first brand of lithium-ion battery separators in China. Mr. Chen graduated with a Master of Business Administration from Central South University.