The Board of Shanghai Jin Jiang International Hotels (Group) Company Limited announced that Mr. Chen Liming, an executive Director, has been appointed as a vice chairman of the fourth session of the Board with effect from 27 July 2016; each of Mr. Xu Ming and Mr. Zhang Xiaoqiang has ceased to be an executive Director with effect from 27 July 2016; each of Ms. Zhang Wei and Ms. Liu Chenjian has ceased to be a staff representative Supervisor with effect from 27 July 2016; each of Mr. Chen Yinghao and Mr. He Yichi has been elected as a staff representative Supervisor of the fourth session of the Supervisory Committee with effect from 27 July 2016; the company has set up the executive committee under the fourth session of the Board to enhance the Board's management and decision-making over material matters of the company; Mr. Zhang Qian has been appointed as the CEO and the Board approved the appointment of other senior management with effect from 27 July 2016.