China 33 Media Group Limited announced that Peng Lichun has been appointed as an executive director of the company with effect from March 5, 2015; Yu Shun Yan Verda has been appointed as an independent non-executive director, member of audit committee, member of remuneration committee and chairperson of nomination committee of the company with effect from March 5, 2015; and Chen Shaofeng and Mr. Wang Jianqing have tendered their resignation as independent non-executive director and non-executive director of the company with effect from March 5, 2015 due to other business commitments.