The board of directors of Global Digital Creations Holdings Limited announced that Ms. Cheng Xiaoyu has been appointed as an Executive Director, a Vice President and a Member of the Executive Committee of the company with effect from 18 December 2014. Ms. Cheng joined Shougang Corporation in August 1988 as an official translator and from October 1992 to July 1996 was the secretary to the board of directors and from August 1996 to July 1998 was an assistant general manager of Shougang Holding (Hong Kong) Limited and from February 2002 to March 2003 was an assistant to the managing director of Shougang Concord International Enterprises Company Limited. In January 2004, Ms. Cheng was appointed as a director of Beijing Dongzhimen International Apartment Co.

Ltd. and currently serves as the deputy chairman and general manager of Beijing Dongzhimen International Apartment Co. Ltd.