The board of directors of Ground International Development Limited announced the following change of executive Director. Mr. Huang Bingxing had tendered his resignation as an executive Director and a director of certain subsidiaries of the Group with effect from 29 November 2017 in order to focus on his other business development. Ms. Liu Hongjian (Ms. Liu) has been appointed as an executive Director with effect from 29 November 2017. Ms. Liu Hongjian has solid experience in financing guarantee business and over 20 years' experience in financial management. Ms. Liu has been the legal representative and general manager of Jilin Province Fengrun Guaranty Company Limited since 2013, and is primarily responsible for the operation of financing guarantee business.