The board of directors China Oceanwide Holdings Limited announced that Mr. ZHANG Fubiao has been appointed as non-executive director of the company and director of several subsidiaries of the company with effect from 29 March 2018. Mr. ZHANG Fubiao, previously served as a chief financial officer of Minsheng Insurance Brokers Co. Ltd. chief financial officer, deputy general manager and chief financial officer of Oceanwide Energy Investment Baotou Co. Ltd., deputy vice president and risk management director of Oceanwide Energy Holdings Co. Ltd., chief financial officer of Oceanwide Real Estate Investment Management Co. Ltd.