New Universe Environmental Group Limited announced that resignation of Mr. LIAO Feng as the executive Director and a member of the Executive Committee, all with effect from 8 November 2017. The Board appointed Ms. ZHANG Ying as an executive Director and a member of the Executive Committee, all with effect from 8 November 2017. Ms. ZHANG is currently a senior investment manager of CM International Capital Limited. Ms. ZHANG worked at Sinolink Securities Co. Ltd. from January 2007 to September 2014 and was the chief analyst at the time of departure from the company.