The board of directors of China Opto Holdings Limited announced that Mr. Wang Liang has been appointed as an Executive Director of the Company with effect from September 1, 2016. Mr. Wang, aged 31, holds a bachelor's degree in physics from Imperial College of Science, Technology and Medicine, University of London and a master's degree in international finance from The University of Westminster. Mr. Wang was an executive director (from January 2014 to February 2016), a chairman (from August 2014 to February 2016), a non-executive director (from February 2016 to August 2016) and a vice-chairman (from February 2016 to August 2016) of Tack Fiori International Group Limited. He was also an executive director of PME Group Limited (currently known as China Ever Grand Financial Leasing Group Co. Ltd.) from December 2012 to December 2014.