ChinaCache International Holdings Ltd. announced the appointment of a new Board of Directors’ Chairman in addition to new committee appointments at a meeting held on August 20, 2019. The Board nominated and elected Mr. Bang Zhang to serve as the Company’s Board Chairman. Mr. Zhang has served as an independent director of ChinaCache since 2017. Mr. Zhang has more than twenty years of financial experience and currently serves as the Chief Financial Officer of DG Group, a social network and media company. Previously, Mr. Zhang served in various capacities as a director, chief financial officer, controller and accounting manager for a number of public and private companies. Additionally, recently appointed independent board director, Mr. Dong Yu, was nominated and appointed Chairman of the Remuneration Committee and Chairman of the Nominating Committee. Mr. Yu, a CPA, based in Shanghai, serves as Vice President of Finance, APAC Region for Nexans Cable (China) Co., Limited, a regional subsidiary of Nexans S.A. a global player in the cable and optical fiber industry and second largest global manufacturer of cables. Mr. Yu through his deep experience working in the APAC region, brings leadership experience from working across various commercial, operational and compliance functions.