China Best Group Holding Limited announced pursuant to the terms of the Share Subscription Agreement, the Share Subscribers have the right to nominate two persons to be appointed as Directors upon Completion. In this regard, the Board further announced that the Share Subscribers have nominated Mr. Liu Wei and Mr. Chen Wei both of whom have been appointed as executive Directors with effect from 3 February 2016. Since June 2014, Mr. Liu has been with Zhongrong International Trust Co.

Ltd. as executive president. Since 2012, Mr. Chen has been with Zhongrong Trust as the vice general manager of the trust investment department.