The board of directors of China Culiangwang Beverages Holdings Limited announced that Ms. Yu Xiao Min has been appointed as an Independent Non-Executive Director with effect from 1 July 2015. Ms. Yu Xiao Min has extensive international business network and substantial management experience, particularly in manufacturing and distribution of timber, agricultural, consumer and industrial goods in The People's Republic of China, Southeast Asia, North and South America. Ms. Yu was awarded the ‘Outstanding Entrepreneur of Guangdong Province' by the Guangdong Provincial Executive Association of Entrepreneurs.

Ms. Yu is currently the chairlady of the board of directors and an executive director of China Asean Resources Limited.