Yangtze Optical Fibre And Cable Joint Stock Limited Company announced that Mr. Wen Huiguo and Mr. Yeung Kwok Ki Anthony have retired from their positions as an executive director and a non-executive director of the Company, respectively, with effect from the conclusion of the EGM. Mr. Frank Franciscus Dorjee has been re-elected and appointed as an executive Director; each of Mr. Ma Jie, Mr. Yao Jingming, Mr. Philippe Claude Vanhille, Mr. Xiong Xiangfeng and Ms. Zheng Huili has been re-elected and appointed as a non-executive Director, respectively; each of Dr. Ngai Wai Fung, Dr. Ip Sik On Simon, Mr. Li Ping and Dr. Li Zhuo has been re-elected and appointed as an independent non-executive Director, respectively; Mr. Zhuang Dan has been elected and appointed as an executive Director; and Mr. Pier Francesco Facchini has been elected and appointed as a non- executive Director, who together, constitute the second session of the Board. Each of Mr. Liu Deming and Ms. Li Chang'ai has been appointed as an independent Supervisor of the Company. At the employees' representatives conference held on January 24, 2017, Mr. Wang Ruichun has been elected and appointed as the employee representative Supervisor of the Company, with effect from January 24, 2017. Accordingly, Mr. Jiang Zhikang has retired from his position as an employee representative Supervisor, with effect from January 24, 2017. In view of the retirement of Mr. Wen Huiguo, the Board has resolved that with effect from January 24, 2017, Mr. Ma Jie, the Chairman of the Board and a non-executive Director, will replace Mr. Wen Huiguo as the chairman and a member of the Strategy Committee under the Board. In addition, the Board resolved that with effect from January 24, 2017, Mr. Li Ping, an independent non-executive Director of the Company, will replace Dr. Ngai Wai Fung as the chairman and a member of the Nomination and Remuneration Committee; and Mr. Philippe Claude Vanhille, a non-executive Director and the Vice Chairman of the Board, has been appointed as a member of the Strategy Committee under the Board. Mr. Wen Huiguo has ceased to act as an authorised representative of the Company upon his retirement as Director with effect from January 24, 2017. Mr. Zhuang Dan, an executive Director, has been appointed as an authorised representative of the Company for the purpose of Rule 3.05 of the Listing Rules with effect from January 24, 2017.