The board of directors of Focus Media Network Limited announced that Mr. Liu Xiaodong has been appointed as an executive Director, the Chairman of the Board, an authorised representative of The Stock Exchange of Hong Kong Limited and the Chairman of the corporate governance committee of the Company, all with effect from 12 January 2018. The Board also announces that, with effect from 12 January 2018, Mr. An Xilei has ceased to be the Chairman of the Board but has been appointed as the Deputy Chairman of the Board, and will continue to serve as an executive Director; and Mock Wai Yin has been appointed as the compliance officer and be re-designated from the Chairman to a member of the Corporate Governance Committee; owing to internal job arrangement. Liu Xiaodong was an executive director of Huarong International Financial Holdings Limited. The Board also announces that with effect from 12 January 2018, Ms. Lam Hoi Yu Nicki has resigned as an executive Director, an Authorised Representative, the Compliance Officer and a member of Corporate Governance Committee owing to her other personal engagement and business commitment.