The board of directors of Cheung Wo International Holdings Limited announced that with effect from 16 October 2015, Mr. Li Wenjun and Mr. Zhong Yingchang have been appointed as executive Directors of the company. Mr. Li, aged 57, has over 30 years of experience in chemical engineering and management in the chemical industry in the People's Republic of China. Prior to joining the company, Mr. Li was the executive director, member of the investment and remuneration committee and deputy general manager of China Water Industry Group Limited during June 2009 to August 2011.

Between March 2008 and September 2011, he was the executive director of iMerchants Limited. Mr. Zhong, aged 35, has over 10 years of experience in the finance industry of the PRC. Mr. Zhong is currently the general manager and legal representative of (Shanghai BlackSea Octopus Investment Company Limited) and (Guangdong Global Wine Exchange Company Limited).

Mr. Zhong was previously the vice president of Dongguan Bermuda Investment Limited between November 2007 and November 2010.