The board of directors of GCL New Energy Holdings Limited announced that Mr. He Deyong has been appointed as the non-executive Director with effect from 1 May 2018. Mr. He, had been the deputy chief financial officer (in charge of treasury and corporate finance, international business and new business) of Huaxin Cement Co. Ltd., a board director, acting chief financial officer and corporate treasury director of Suntech Power Co. Ltd., treasury director of IMC Pan Asia Alliance (China) Co. Ltd. etc. Mr. He has been appointed as the chief financial officer of GCL System Integration Technology Co. Ltd. with effect from 27 April 2018. The company entered into a service contract with Mr. He for a term of three years commencing from 1 May 2018, subject to retirement by rotation and re-election in accordance with the bye- laws of the company.