The board of directors of Golden Meditech Holdings Limited announced changes in Directors with effect from 11 February 2015. Mr. Lu Tian Long resigned as an executive Director due to his desire to devote more time to his personal endeavours. Mr. Daniel Foa was appointed as an independent non-executive Director and he will supervise the investment committee of the company.

Mr. Daniel Foa, aged 38, is the co-founder of Fairklima Capital and has over 15 years of experience in the China market with expertise in the fields of technology, sustainability and business consulting. Before founding Fairklima Capital, Mr. Daniel Foa held managerial positions in major multinational firms. He is also the co-founder of 51Give, an online donations platform.