The Board of Alibaba Pictures Group Limited announced that with effect from January 29, 2016, Mr. Johnny Chen has been appointed as an independent non-executive director of the company, the chairman of the audit committee of the company and a member of the nomination committee of the company to fill the casual vacancy arising from the resignation of Ms. Zhang Yu. Mr. Chen, aged 56, is currently Senior Advisor of each of LionRock Capital Limited and Reignwood Group and an Adjunct Associate Professor of Department of Finance and Department of Management, Hong Kong University of Science and Technology.
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- Alibaba Pictures Group Limited Appoints Johnny Chen as an Independent Non-Executive Director, the Chairman of the Audit Committee and A Member of the Nomination Committee