The board of directors of China Jinmao Holdings Group Limited announced that Mr. CUI Yan has resigned from his positions as a non-executive director and a member of the Remuneration and Nomination Committee of the company due to his other business commitments which require more of his dedication, with effect from 8 August 2017. Following Mr. CUI's resignation, Mr. AN Hongjun, a non-executive director of the company, has been appointed as a member of the Remuneration and Nomination Committee and has ceased to act as a member of the Strategy and Investment Committee with effect from 8 August 2017. The Board further announced that Mr. SONG Liuyi has been appointed by the Board as an executive director and a member of the Strategy and Investment Committee of the company, with effect from 8 August 2017. Pursuant to the Articles of Association of the company, Mr. SONG shall be subject to election by the shareholders of the company at the first annual general meeting of the company following his appointment. Mr. SONG will continue to serve as the senior vice president of the company. Mr. SONG Liuyi, who was born in November 1975, joined the company as the assistant to the president of the company in May 2011 and became the vice president of the company in January 2013. Currently, Mr. SONG also serves as a director and general manager of a number of subsidiaries of the company, including Sinochem Franshion Properties (Beijing) Co. Ltd.