China Minsheng Drawin Technology Group Limited announced that Ms. Fang Rong has resigned as a non-executive director of the company with effect from June 28, 2016 due to her other business commitments, the company also announced that Mr. Chen Donghui, Ms. Gan Ping and Mr. Zhao Xiaodong have been appointed as non-executive directors of the company and Mr. Ma Lishan has been appointed as an independent non-executive director and a member of audit committee of the company with effect from June 28, 2016. Mr. Chen is currently an executive director of SRE Group Limited. Mr. Chen had served as the chief financial officer of the company during the period from September 2015 to May 2016. Before joining the company, Mr. Chen had served as supervisor and vice supervisor of the strategic research office of the R&D center of The People’s Insurance Company (Group) of China Limited, deputy general manager and then general manager of the finance and accounting department of PICC Property and Casualty Company Limited and the deputy general manager of its Jiangsu Branch, general manager of the strategic financing department of China Export & Credit Insurance Corporation, and executive director of financial sector of China Minsheng Investment Corp. Ltd. Mr. Chen will enter into an appointment letter with the Company for a term of three years, which will be renewable by agreement between Mr. Chen and the company. Mr. Chen will hold office until the next following annual general meeting of the company and will be subject to retirement by rotation and re-election pursuant to the bye-laws of the company. Ms. Gan is the vice president and the chief operations officer of China Minsheng Jiaye Investment Co. Ltd. Ms. Gan had served as the deputy general manager of Franshion Properties Changsha Limited, the general manager of Changsha Franshion Shengrong Properties Limited, as well as the deputy general manager of Jin Mao Investment (Changsha) Co. Ltd., and the general manager of several subsidiaries of China Jin Mao Group. Ms. Gan will enter into an appointment letter with the Company for a term of three years, which will be renewable by agreement between Ms. Gan and the company. Ms. Gan will hold office until the next following general meeting of the company and will be subject to retirement by rotation and re-election pursuant to the bye-laws of the company. Mr. Zhao, is the chief financial officer of China Minsheng Jiaye Investment Co. Ltd. Mr. Zhao has extensive experience in the construction and real estate industry and had held various positions, including the positions as a deputy general manager of the capital markets department, the general manager of the investment and development department and a deputy general manager of a subsidiary in Nanjing of Franshion Properties (China) Limited (now known as China Jinmao Holdings Group Limited) and an assistant to the chief financial officer of Country Garden Holdings company Limited. From December 2015 to June 2016, he served as an executive director of SRE Group Limited. Mr. Zhao will enter into an appointment letter with the company for a term of three years, which will be renewable by agreement between Mr. Zhao and the company. Mr. Zhao will hold office until the next following annual general meeting of the company and will be subject to retirement by rotation and re-election pursuant to the bye-laws of the company. Mr. Ma, has extensive experience in corporate operation and management. Mr. Ma served in various managerial positions such as chairman, executive director, general manager in certain large-scale grain, edible oil, food processing corporations and Great Wall Wine under China Oil & Foodstuff Corporation. From March 2008 to present, he is an independent non-executive director of Silver Base Group Holdings Limited. From 2 August 2009 to present, he is an independent non-executive director of Sunac China Holdings Limited. Mr. Ma will enter into an appointment letter with the company for a term of three years, which will be renewable by agreement between Mr. Ma and the company. Mr. Ma will hold office until the next following annual general meeting of the company and will be subject to retirement by rotation and re-election pursuant to the bye-laws of the company.