Hengyang Petrochemical Logistics Limited appointed Wang Weizhong as Chief Operating Officer. The management of the group decided to appoint Mr. Wang Weizhong as the Chief Operating Officer of the group after reviewing his extensive experience, qualifications and knowledge particularly in the petrochemical logistics industry in China. The Board, after taking into consideration the management's recommendation on Mr. Wang Weizhong's appointment, is of the view that Mr. Wang Weizhong will contribute to the growth of the group's business and to the well-being of the group.

Mr. Wang Weizhong will be responsible for the day-to-day operations and sales and marketing of the group. He was Deputy General Manager of High Hope Zhongding Corporation from 2012 to 2014 and was Chief Operating Officer of Hengyang Petrochemical Logistics Limited from 2009 to 2011. The effective date is June 19, 2015.