Anxian Yuan China Holdings Limited announced that Mr. Yao Hong has been appointed as an independent non-executive director and a member of each of audit committee, remuneration committee and nomination committee of the Company with effect from 26 November 2018. Mr. Yao Hong is a senior engineer inmainland China. From August 1982 to April 1985, he worked for Tianjin Metallurgical Materials Research Institute. From May 1985 to April 1996, he worked for Institute of Materials Recycling and Utilization of the Ministry of Internal Trade of the PRC as the director of the first research office and the secretary of the director of the institute.