Chiho Environmental : Appoints Tom Bird As Chief Operating Officer

[November 20, 2017, 2017－Hong Kong] Chiho Environmental Group Limited ('CEG' or the 'Group'; Stock Code: 976.HK) is pleased to announce that Mr. William Thomas Bird ('Tom Bird') has been appointed as the Chief Operating Officer of the Group with effect from 20 November 2017. Tom Bird will be responsible for global operational management, including strategic planning, operational policies and procedures, as well as to streamline processes so as to improve productivity and business control of the Group's operations. He will be one of the members of the global executive management team of the Group.

Tom Bird has extensive experience in the operating and trading of international ferrous scrap sector

and global business management. He is a Ferrous Board Member of the Bureau of International Recycling (the 'BIR'), and was elected as the Interim President of the Ferrous Board of the BIR in October 2017. In May 2016, he was elected as Treasurer of BIR. Prior to joining CEG, Tom Bird had more than 30 years of extensive experience in the field of metal recycling. From 2016 to 2017, he was the Chief Executive Officer of Liberty Metal Recycling. From 2010 to 2016, he was the Managing Director of Van Dalen UK Limited and Mettalis Recycling Limited. He worked with Sims Metal Management UK Limited as the Managing Director from 1995 to 2009.

'The Group sincerely welcomes Tom Bird on board,' said Mr. Qin Yongming, Chairman and Chief Executive Officer of CEG. 'We believe his extensive experience in the industry will definitely help CEG to become a global leader in metal recycling and environmental protection.'

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About Chiho Environmental Group Limited

Chiho Environmental Group Limited (976.HK) is a global leader in the metal recycling and environmental protection industry, primarily engaged in the collection, recycling, disassembling, sorting and processing of mixed metal scraps and other resources to recover reusable resources including ferrous and nonferrous metals, precious metals, plastic, paper and spare parts. The Group currently has a presence in over 30 countries and regions spanning Europe, Greater China and North America, operating more than 300 sites including metals processing facilities equipped with the one-stop system for collecting, gathering, sorting and processing. The Group completed the acquisition of the entire share capital of Scholz Holding GmbH ('Scholz Holding' and together with its subsidiaries, 'Scholz Group'), a world leading mixed metal recycling giant in Germany at the end of last year. Scholz Group is one of the largest mixed metal recycler in the world with advanced end-of-life vehicle processing capability.