The board of directors of Greenheart Group Limited announced that Mr. Cheng Yang has been appointed as the non-executive Director of the Company with effect from 4 July 2018. Mr. Cheng, aged 41, has extensive experience in management in the finance and banking industry in China. Mr. Cheng currently is the chairman of the board of directors of China Forestry International Resources Company Limited, which currently holds 5.93% of the issued shares of the Company.