The board of directors of Asia Cement (China) Holdings Corporation announced that the company has appointed HSU, Shu-ping as a executive director with effect from 13 March 2014. HSU, Shu-ping is a executive Director of the company. HSU's principal responsibilities involve formulating the overall business strategy of the company, together with its subsidiaries in China.

HSU is also the vice chairman of Far Eastern New Century Corporation, and a director of Asia Cement Corporation and Far EasTone Telecommunications Co. Ltd. and a supervisor of U-Ming Marine Transport Corporation. Hsu has entered into a service contract with the Company for a term of three years commencing from 13 March 2014.