The board of directors of the Kangda International Environmental Company Limited announced that Mr. Wang Tianci has been appointed as an executive director of the company with effect from 26 May 2017. Pursuant to the Company's articles of association, Mr. Wang will hold office until the first general meeting of the shareholders of the Company after his appointment and be subject to re-election at such meeting. Mr. Wang previously held various positions in several sub-branches and functional departments of Bank of China Hainan branch, including the president of the Dongfang sub-branch of Bank of China from January 2005 to January 2009, the general manager of the sales department of the Hainan branch of Bank of China from January 2009 to May 2011, the president of the Meishehe sub-branch of Bank of China in Haikou City from May 2011 to March 2014, and the general manager of the risk management department of the Hainan branch of Bank of China from March 2014 to November 2014. Since December 2014, Mr. Wang has been serving as the vice president of Chongqing Kangda Environmental Protection Industry (Group) Co. Ltd., the general manager of Kangrun (Shenzhen) International Finance Leasing Co. Ltd. and a director of Zhongyuan Asset Management Co. Ltd. concurrently.