The Board of Directors of Fufeng Group Limited announced that Mr. Sun Yu Guo has been appointed as an independent non- executive director, the chairman of audit committee, the chairman of remuneration committee and a member of nomination committee of the Company with effect from 23 November 2015. Mr. Sun Yu Guo
has over 30 years experience in the field of accounting and financial management. Mr. Sun is the non-profession member of The Chinese Institute of Certified Public Accountant and The Chinese Institute of Certified Public Valuator. Prior to his retirement in February 2014, Mr. Sun was an executive director and vice president
of Tsingtao Brewery Company Limited with rich experience in financial management and capital management. He ever served as Deputy Department Head in Finance Bureau of Qingdao, and Department Head in State-owned Assets Supervision and Administration Commission of the People's Government of Qingdao.