The board of directors of Shougang Concord International Enterprises Company Limited announced that Dr. Qiao Yongyuan has been appointed as an Independent Non-executive Director and a member of each of the Audit Committee and the Remuneration Committee of the Company with effect from 14 June 2019. Dr. Qiao Yongyuan currently works in Industrial Bank Co. Ltd. as the chief strategist and worked in Guotai Junan Securities Co. Ltd., where he was the chief strategy analyst who led the strategy research team. Dr. Qiao also served as a consultant for each of China Soong Ching Ling Foundation and China Youth Development Foundation.