The board of directors of Shenzhen International Holdings Limited announced that with effect from June 8, 2016, Mr. Li Hai Tao has been appointed as an executive director and the chief executive officer of the company. Mr. Li Jing Qi has resigned from his position as an executive director and the chief executive officer of the company as he is reaching the retirement age. Prior to joining the company, Mr. Li was a member of the Standing Committee of the District CPC Committee and the Secretary of the Committee for Discipline Inspection of Luowu District, Shenzhen.