On November 16, 2017, the Board of Directors of China XD Plastics Company Limited appointed Joseph Chow to serve as a director of the Company. The Board also appointed Mr. Chow as a member and the chairman of the Audit Committee and a member of the Nominating Committee of the Board. Mr. Chow has over 20 years of experience in corporate finance, financial advisory and management and has held senior executive and managerial positions in various public and private companies. Mr. Chow is Managing Director of Centurium Capital, prior to the current position, he also served as the member of director, the audit committee and the compensation committee of China Lodging Group, Limited and was a managing director of Moelis & Company, a managing director at Goldman Sachs Asia LLP. Mr. Chow currently sits on the board as independent non-executive director for China ZhongDi Dairy Holdings Company Limited, Intime Department Store (Group) Co. Ltd. and CAR Inc., respectively.