The Board of China Display Optoelectronics Technology Holdings Limited announced that, with effect from 23 March 2018, Ms. Yang Yunfang has resigned as an executive Director of the company and Mr. Wen Xianzhen has been appointed as an executive Director of the company. Mr. Wen, aged 45, has over 20 years of experience in the field of accounting and finance and is the finance director of the Company since November 2017. Mr. Wen joined TCL Corporation and its subsidiaries in 2004 and held the position of finance manager of Huizhou Shenghua Industrial Co. Ltd. from September 2004 to February 2008. Mr. Wen was appointed as the finance director of Huizhou TCL King High Frequency Electronics Co. Ltd. from March 2008 to June 2010. From July 2010 to April 2012, Mr. Wen held the positions of deputy general manager and finance director of TCL Air-Conditioner (Zhongshan) Co. Ltd. and was responsible for finance management and analysis. From April 2012 to October 2017, Mr. Wen held the positions of deputy general manager and finance director of Huizhou TCL Environmental Resource Co. Ltd., then he was appointed as the finance director, deputy general manager and general manager of Huizhou TCL Environment Technology Co. Ltd. Mr. Wen graduated with a Bachelor of Accounting from Central South Institute of Technology (now merged into Nanhua University) in June 1997 and currently is a certified public accountant of the Chinese Institute of Certified Public Accountants and a Hong Kong certified financial planner.