The board of directors of Dongyue Group Limited announced that Dr. Wu Tao (Dr. Wu), due to his commitment to other personal development, has resigned as an executive director and member of corporate governance committee of the company with effect from 16 March 2015. The Board announced that Mr. Feng Jianjun (Mr. Feng) has been appointed as an executive director and member of corporate governance committee of the company with effect from 16 March 2015. Mr. Feng Jianjun, aged 50, has approximately 30 years of experience in banking, trust and asset management.

Mr. Feng is currently a vice president of Macro-Link Holding Limited.