The board of directors of China Overseas Grand Oceans Group Limited announced that with effect from March 21, 2017, Mr. Yang Lin has been appointed as the Executive Director and Vice President of the company. Mr. Yang has served in various positions, such as, the deputy general manager and general manager of the marketing and planning department of China Overseas Property Group Co. Ltd. and the general manager of China Overseas Xingye (Xi'an) Limited. Mr. Yang has been appointed as Assistant President of the Company since March 2015 and has 21 years' experience in property development business.