The board of directors of Beautiful China Holdings Company Limited announced that the appointment of Mr. Pan Tingxuan as an executive Director took effect from 2 January 2015. Mr. Pan Tingxuan, aged 41, obtained a diploma of computer science and application from Hohai University in Nanjing, the PRC, in 1992. Mr. Pan has over seven years of experience in project management and strategic planning in investment and asset management.

He was appointed as an executive president of between December 2005 and November 2014. Since April 2012, Mr. Pan has been a non-executive director of CECEP COSTIN New Materials Group Limited.