The board of directors of Runway Global Holdings Company Limited announced that Mr. Guo Lin, Mr. Wang Zhou, Mr. Jiang Mingsheng and Mr. Jiang Tianqing have been appointed as executive directors of the company and Mr. Lu Hongbing has been appointed as an independent non-executive director of the Company, all with effect from June 5, 2017. Mr. Guo has been appointed as a chairman of the board of directors of CEFC Shanghai Securities Limited since April 2016, a chairman of the board of directors of New Seres Investment Co. Ltd. since January 2017. Since March 2017, Mr. Wang has been appointed as the general manager of CEFC Shanghai International Group Finance Co. Ltd. From 2007 to 2017, Mr. M. Jiang was the executive vice president and a director of Shanghai Pudong Development Bank, for the period from April 2016 to January 2017. Mr. T. Jiang has been appointed as the general manager of CEFC Capital Co. Ltd. since July 2016, who is responsible for overseas investment execution of CEFC Group, and appointed as a director of New Seres International Asset Management (Cayman) Limited since January 2017. Mr. Lu is the vice chairman of the All China Lawyers Association since 2008. The Board announced that each of Mr. Yeung Kwok Leung and Mr. Cheng Tze Kit Larry has tendered his resignation as an executive director of the Company with effect from June 5, 2017 due to their other personal commitments. The Board further announced that Mr. Tse Yuen Ming has tendered his resignation as an independent non-executive director of the Company with effect from June 5, 2017 due to his other personal commitments. The Board announced that Mr. Cheng has ceased to be a member of the remuneration committee of the Company; Mr. Tse has ceased to be the chairman of each of the remuneration committee and corporate governance committee of the Company and a member of each of the audit committee and nomination committee of the Company; Mr. Lu has been appointed as a chairman of each of the remuneration committee and corporate governance committee and a member of each of the audit committee and nomination committee of the Company; and Mr. Chan Ka Yu has resigned as a member of the corporate governance committee of the Company, all with effect from June 5, 2017. The Board also announced that Mr. Hubert Tien has tendered his resignation as the Chairman of the Board due to the other business required more of his dedication, while he remains as an executive director of the Company, and Mr. Guo Lin has been appointed as the Chairman of the Board, all with effect from June 5, 2017. The Board announced that with effect from 5 June 2017, Mr. Chan has resigned as a company secretary of the Company, an authorised representative of the Company under Rule 3.05 of the Listing Rules and an authorised representative of the Company for accepting service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) in his own accord for his further personal development, while he remains as the chief financial officer of the Group. The Board further announced that Ms. Wong Ka Man has been appointed as a Company Secretary, Authorised Representative and Service Agent of the Company with effect from June 5, 2017. Ms. Wong is currently a practising solicitor in Hong Kong and has been qualified since 2002. The Board announced that with effect from June 5, 2017, Mr. Tien has resigned as an Authorised Representative and Service Agent of the Company and Mr. T. Jiang has been appointed as an Authorised Representative in place of Mr. Tien.