Bai Zimin Resigns as Deputy Chief Executive Officer of China First Capital Group Limited

China First Capital Group Limited is an investment holding company principally engaged in the research and development, design, manufacturing and sales of automobile shock-absorbers. The Company operates through two business segments. The Automobile Shock Absorbers segment is engaged in the manufacturing and sales of automobile shock absorber and suspension system products to the automobile market of original automobile manufacturers and the secondary market of the automobile industry. The Financial and Advisory Services segment is engaged in the provision of immigration consultancy and advisory services and financial investment advisory services.