The board of directors of Renhe Commercial Holdings Company Limited announced the appointment of Mr. Hu Yuzhou as executive director and executive president of the company, effective from 8 January 2015. Mr. Hu Yuzhou will be primarily responsible for the management of the operation
of the company and its subsidiaries in PRC. He possesses over 10 years experience in management of department stores and shopping malls. From 1985 to 1995, Mr. Hu had served at Chaoyang branch of Inland Revenue Department of Changchun.