The board of directors of directors of China Sandi Holdings Limited announced that Ms. Zhang Jianchan has tendered her letter of resignation and resigned as an executive director of the company with effect from 5 March 2015 due to her personal reasons. The board announced that Mr. Lin Jianbin will be appointed as the executive director of the company with effect from 5 March 2015. Prior to joining the Group, he worked in banks and commercial sector including property development and construction companies for over ten years.

Mr. Lin will be responsible for the financial and operating performance for the various subsidiaries of the Group in the PRC. Mr. Lin will be appointed for a term of 3 years commencing on 5 March 2015.