The board of directors of Binhai Investment Company Limited announced that Mr. LI Wei has tendered his resignation as a non-executive director of the company with effect from 17 March 2017 in pursuit of his career development. The Board announced that Mr. HE Xiang Li was appointed as a non-executive director of the company with effect from 17 March 2017. From 2003 to 2014, Mr. He was an Investment Director of Direct Investment Department of China Everbright Limited. Mr. He joined Forebright Capital Management Limited since 2014 and currently serves as a director and general manager of the said company.