Shougang Concord International Enterprises Company Limited approved directors appointments. With effect from the conclusion of the 2020 AGM, Ms. Zhang Meng has been appointed as an Executive Director and a member of the Executive Committee. Mr. Li Wei has been appointed as an Executive Director and a member of each of the Executive Committee and Nomination Committee and Dr. Qiao Yongyuan has been appointed as a member of the Nomination Committee at its annual general meeting held on 22 May 2020. Prior to joining the Group and Shougang Fund, Ms. Zhang was a solicitor in Beijing Jia Yuan Law Firm where she participated in a number of mega projects involving mergers and acquisitions, listing, financing, fund raising and capital restructuring activities. Ms. Zhang is a director and a general manager of certain subsidiaries of the company. Prior to joining Shougang Fund, Mr. Li held various important positions in various departments of Beijing Municipal Committee of the Communist Youth League and held senior positions in Beijing International Technical Cooperation Center. Mr. Li is a director and a general manager of certain subsidiaries of the company.