Hua Hong Semiconductor Limited announced that Mr. Suxin Zhang was appointed as the chairman and an executive director of the Company, and also as chairman of the nomination committee of the Company with effect from March 11, 2016. research and the power equipment industry. Since 2013, Mr. Zhang has been the deputy director of both the Shanghai Municipal Development and Reform Commission and the Administration Commission of Shanghai Hi-Tech Industrial Parks.

Mr. Wenbiao Fu has tendered his resignation as the chairman and executive director of the Company, and also as chairman of the nomination committee with effect from March 11, 2016 due to his other work assignments.