The board of directors of Digital China Holdings Limited announced that Mr. WANG Xinhui has been appointed as an Executive Director of the company with effect from 12 January 2017. Mr. Wang, aged 42, joined the company in 2000. Mr. Wang currently serves as the President of the company and the President of Digital China Financial Service Strategy Unit. He is also a Director of certain subsidiaries of the company. He has served several roles at the Group, namely, the Vice President, President of Financial Service Strategy Unit, Head of Finance Office and Deputy General Manager of Finance Department. Mr. Wang has extensive experience in financing, treasury operations and finance management. Mr. Wang currently serves as the Vice Chairman of the First Committee of the Internet Finance Committee of the Internet Society of China.