The Board of Directors of Dongyue Group Limited announced that Mr. Cui has resigned as executive Director, Vice President and the Chief Financial Officer of the company due to his commitment to other personal development and Mr. Feng has resigned as executive Director and member of the Corporate Governance Committee due to his commitment to other personal development, both with effect from 2 May 2017. The board announced that Mr. Zhang BS has been appointed as executive Director and member of the Corporate Governance Committee with effect from 2 May 2017. Mr. Zhang Bishu, is currently the senior vice president, chief accountant and the president of the chemical and tyre business department of the Macro-Link Group.

The Board announced that Mr. Zhang ZF has been appointed as executive Director, Vice President and Chief Financial Officer of the company with effect from 2 May 2017. Mr. Zhang Zhefeng is currently and also previously from 2006 to 2007, the financial controller of the Group. He has served as the financial controller and general manager of Macro-Link Mineral Co.

Ltd. from February 2008 to February 2016.