The board of directors of China First Capital Group Limited announced that Mr. He Qingrong has been appointed as a deputy chief executive officer of the company with effect from 18 July 2016. Mr. He has substantial work experience in the education and media industries. He served as a director of the public relations and marketing department and a director of the international cooperation department of New Oriental Education & Technology Group Inc. He was also a senior sports journalist of the British Broadcasting Corporation and a lecturer of Shanghai International Studies University. As the deputy chief executive officer of the Company, Mr. He will be responsible for the global promotion and operation of the Group's brand, merger and acquisition of companies/entities engaged in the overseas education industry, integration of international and domestic education resources, and brain-gain of international high-end talents in education management field.