The board of directors of CITIC Dameng Holdings Limited announced that Mr. Wang Chunxin is appointed as an independent non-executive Director of the company with effect from 21 October 2018. Mr. Wang Chunxin is currently a Senior Economist in Bank of China (Hong Kong) Limited. Mr. Wang's appointment is for a term of two years but subject to retirement and re-election as a Director at the next annual general meeting of the company following his appointment. With effect from 21 October 2018, Mr. Wang will be appointed as the chairman of the remuneration committee and the remuneration committee shall comprise Mr. Wang as its chairman, and Mr. Yin Bo, Mr. Li Weijian, Mr. Lin Zhijun and Mr. Tan Zhuzhong as its members. With effect from 21 October 2018, Mr. Wang will be appointed as the member of the audit committee and the audit committee shall comprise Mr. Lin as its chairman, and Mr. Tan and Mr. Wang as its members. With effect from 21 October 2018, Mr. Wang will be appointed as the member of the nomination committee and the nomination committee shall comprise Mr. Tan as its chairman, and Mr. Yin, Mr. Li, Mr. Lin and Mr. Wang as its members.