The Board of Munsun Capital Group Limited announced that Mr. Liu Liyang, an Executive Director of the Company, has been appointed as the Chairman of the Board and a member of the Remuneration Committee of the Company. Mr. Liu was also redesignated as the Chairman of each of the Executive Committee, Nomination Committee and Corporate Governance Committee of the company, all with effect from 6 September 2017. The Board of the company also announces that Mr. Yu Yong has been appointed as an Executive Director, Deputy Chief Executive Officer and a member of the Executive Committee of the company; Mr. Chen Sheng has been appointed as an Executive Director and a member of the Executive Committee of the company; and Ms. Zang Dongling has been appointed as an Executive Director and a member of each of the Executive Committee and Corporate Governance Committee of the company, all with effect from 6 September 2017. Mr. Yu is a professor-level senior engineer and a national mineral reserves appraiser. He has numerous years of extensive experience in geological exploration technology, geological technology management and resource assessment. He served as the deputy director of the China Metallurgical Geology Bureau, the deputy manager of the geological resources department of the China National Gold Group, the secretary, the vice president and chief engineer of China National Gold Geology Co. Ltd. Mr. Chen has over 20 years' experience in government and state-owned corporate governance and extensive economic financial and investment experience. Mr. Chen served as a researcher in the research centre of the State-owned Assets Supervision and Administration Commission of the State Council of Shanghai Municipal Government. He worked as the deputy general secretary in the Asia Research Centre of Shanghai Jiaotong University, the deputy general manager in the Asia Pacific International Commodity Exchange Centre of China Railway and the president of Shanghai Rongfa Enterprise Development Limited. Ms. Zang has more than 20 years of financial and audit experience. She served as general manager of the finance department and general manager of the audit department of China Aluminum International Trading Co. Ltd.