The board of directors of Munsun Capital Group Limited announced that Mr. Chen Sheng, an existing Executive Director of the company, has been appointed as the Chief Executive Officer of the company with effect from 24 January 2018. Mr. Chen has been an Executive Director of the company since 6 September 2017. He 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.