The board of Hanbo Enterprises Holdings Limited announced that Mr. Jia Bowei has been appointed as an Executive Director and the Chairman of the Board and a member of the Compliance Committee of the company with effect from 6 December 2016. Mr. Jia, aged 50, has obtained a Master degree in Business Administration from Guanghua School of Management, Peking University. He has extensive experience in finance and management and possesses over 27 years of working experience. Mr. Jia was an executive director of Enterprise Development Holdings Limited (EDHL) since 23 November 2011 and was subsequently appointed as the chairman of EDHL from 8 May 2013. He resigned as an executive director and ceased to act as the chairman of EDHL with effect from 3 July 2015.