The board of directors of China First Capital Group Limited announced that, Mr. Bai Zimin has been appointed as a deputy chief executive officer of the company with effect from 27 October 2016. Mr. Bai has approximately 16 years of experience in project management and planning. From July 1999 to May 2012, he served various positions, including a director of officers, divisionhead of information technology department and director of technology service department, responsible for information development, major project planning and implementation, at the People's Procuratorate of Sichuan Province. From May 2012 to August 2015, Mr. Bai served as a standing committee member and a vice chief executive of Zizhong County, Neijiang, Sichuan Province. Since March 2016, Mr. Bai has been the chairman of the board of First Capital Education Investment (Shenzhen) Company Limited and is responsible for the overall management and strategy development. Since October 2016, Mr. Bai has also become a non-executive director of Bojun Education Company Limited. As a deputy chief executive officer of the Company, Mr. Bai will be responsible for post-investment management of the Group's education projects.