The board of directors of China Assurance Finance Group Limited announced that Mr. Peng Gengsheng has been appointed as a non-executive Director with effect from 10 July 2019. Mr. Peng is currently a member of the Chinese People's Political Consultative Conference (CPPCC) Standing Committee of Yichun city, Yuanchuan in China. Mr. Peng is currently a member of the Chinese People's Political Consultative Conference (CPPCC) Standing Committee of Yichun city, Yuanchuan in China. Meanwhile, Mr. Peng is an executive director and shareholder of Jiangxi Mingyueshan Sightseeing Railway Construction Management Company Limited and a supervisor and shareholder of Yichun Jinhao Industry Company Limited. Mr. Peng was a member of Yuanzhou National People's Congress Standing Committee and a municipal People's Congress (MPC) of Yichun city.