China Finance Investment Holdings Limited Appoints Li Yang as Independent Non-Executive Director, Member of Each of the Audit Committee, Remuneration Committee, Nomination Committee and Corporate Governance Committee of the Board and the Chairlady of the Audit Committee and Corporate Governance Committee of the Board, Effective 3 July 2017

The board of directors of China Finance Investment Holdings Limited announced the following appointment of director and change of the composition of Board committees of the company that: Ms. Li Yang, aged 37, has been appointed as an independent non-executive director, a member of each of the audit committee, remuneration committee, nomination committee and corporate governance committee of the Board and the chairlady of the audit committee and corporate governance committee of the Board with effect from 3 July 2017. Ms. Li is currently an independent non-executive director of Aoxing Pharmaceutical Company Inc.