Yintech Investment Holdings Limited announced that Mr. Xinzhou Tang, currently Company General Manager of Ronghui BU has been promoted to the Vice President of the Company and General manager of the newly established YinRui BU which combines Yin Ruyi BU and Jindou BU after business reshuffles. In his new role, Mr. Tang will shoulder increasing responsibilities, primarily leading the Company's futures commodities and the BU's securities advisory businesses. Mr. Tang joined the Company in 2013 and he has over 15 years' experiences in financial sector and has held various key management positions in different renowned financial and investment companies. Mr. Qi Feng resigned his positions as Vice President and General Manager of the combined Jindou BU. And Mr. Gang Xu resigned his position as Vice President and General Manager of Daxiang BU, the operations of whose BU were taken over by Mr. Pingsen Chen, the Vice President of the Company. In addition, Mr. Zhigang Zhao, Vice President of Technology was leaving for pursuing new career opportunities and his role is assumed by other senior executives of the Company. Additional organizational changes are also being made across the Company reflecting Yintech's commitment to long-term profitable growth while creating a more efficient, nimble and streamlined team structure.