The board of directors of China Sanjiang Fine Chemicals Company Limited announced that Mr. Niu Yingshang has resigned as an executive Director with effect from 15 March 2017 due to his intention to pursue other business opportunities. The Board announced that Mr. Rao Huotao is appointed as an executive Director with effect from 15 March 2017. Mr. Rao was accredited as a senior engineer in chemical process in December 2007. He joined the Group in 2010 as an assistant to the chief general manager of Sanjiang Chemical Company Limited. being responsible for, among others, a project regarding the production of surfactant, a project regarding the production of epoxyethane and ethane and a project regarding the production of polypropylene. Since 2017, Mr. Rao became the chief vice general manager of Sanjaing Chemical Company Limited, being responsible for, among others, a project regarding the production of polypropylene. As at the date of this announcement, Mr. Rao was also a director of Zhejiang Jiahua Group Company Limited.