The board of directors of Chanceton Financial Group Limited announced that Mr. Yu Bin has been appointed as an executive Director of the company with effect from 13 May 2015. Mr. Wong Kam Wah, currently an executive Director and Chief Executive Officer of the company, ceases to be the Chief Executive Officer but remains as an executive Director of the company with effect from 13 May 2015. Mr. Wang Qiang, currently an executive Director of the Company, has been appointed as the Chief Executive Officer of the company with effect from 13 May 2015.

Mr. Yu has over ten years of experience in assets appraisal and project investment and analysis, and has extensive experience in business operation and corporate management. Mr. Yu has held key positions in a number of domestic auction houses in the PRC since 1998. He is currently a deputy general manager of Zhongji Industrial Investment Co.

Ltd., Shanghai branch, a director and general manager of Zhongji Ruiwei Holdings (Shanghai) Co. Ltd., Zhongji Ruiwei Holdings (Thailand) Co. Ltd. and Zhongji Ruiwei Energy Development (Shanghai) Co.

Ltd., and a director and deputy general manager of Zhongji International Freight Forwarding Agency (Shanghai) Co. Ltd.