The Board of CPMC Holdings Limited announced that Mr. Wang Jinchang has resigned as an executive Director, the chairman of the Board, the chairman of the nomination committee of the Company and the member of the remuneration committee of the Company with effect from 23 March 2015 as he has reached the retirement age. The Board further announced that Mr. Zhang Xin, currently an executive Director and the managing Director of the Company, has been appointed as the chairman of the Board, the chairman of the nomination committee of the Company and the member of the remuneration committee of the Company with effect from 23 March 2015.