The board of directors of Differ Group Holding Company Limited announced that Mr. Cai Huatan, an executive director of the company, has been appointed as the honorary chairman of the company with effect from 18 September 2015 in recognition of his valuable contributions to the Group over the years. Mr. Cai continues to remain as an executive director after assuming the title of honorary chairman. Mr. Cai has been an executive director of the company since 26 November 2013.

He is responsible for the overall expanding strategy formulation of the group.