The Board of CHTC Fong's Industries Company Limited announced that Mr. Shi Tinghong has been appointed as an Executive Director of the Company with effect from January 28, 2014. Currently, Mr. Shi is the secretary to the board of directors of China Hi-Tech Group Corporation, responsible for the establishment of corporate governance system of the group companies and its operation, assisting the chairman to manage the audit and risk management functions and assisting the president in the strategy management and investment management.