China Digital TV Holdings Co., Ltd. announced the reinstatement of Mr. Zhenwen Liang as Chief Financial Officer (‘CFO’) of the company, effective May 30, 2016. Mr. Liang replaces Ms. Qian Yue, who has resigned from her position as acting CFO, effective May 30, 2016, and will continue to serve the company in a management role focused on the development of new businesses including virtual reality.