The board of directors of China Huarong Energy Company Limited announced that Mr. Xia Da Wei has tendered his resignation as an independent non-executive director of the company to devote more time to other business commitments with effect from 18 November 2015. The Board also announced that Mr. Lam Cheung Mau (Mr. Lam) has been appointed by the Board as an independent non-executive Director with effect from 18 November 2015. Mr. Lam previously held various positions, as officers in the audit department of Hua Chiao Commercial Bank, in the corporate planning and budgeting division of the finance department of Bank of China (Hong Kong) and was an audit manager of Han's Laser Technology Industry Group Co.