Up into the Oriental Lighting "change" the chairman and CEO are replaced

Tatsu Oriental Lighting holdings announced that Guo Donghui has resigned as executive director of the company, the company secretary, authorized representative and chief operating officer duties, effective since September 1st.

In addition, Yang Kaishan was his other career development needs more time and energy, has resigned as chairman of the board of directors duties, shall come into force on the same day, but it will retain the position and executive director of the nomination committee and the Remuneration Committee of each of the members.

In addition, Li Jinxia and Mr Yang Dahai have resigned as non-executive directors and have come into force on the same day, and have been appointed as executive director and chairman of the board of directors, effective since September 1st.

As Li Jianchao has been appointed as executive director and chief executive officer, effective September 1st; Liang Hua has been appointed as independent non-executive director and the audit committee, the nomination committee and the Remuneration Committee of each of the members, with immediate effect.

Meanwhile, Chen Yanqin has been appointed as the company secretary and authorised representative of the company.

The company announced at the end of July, the original shareholders of 32.76% chairman and controlling shareholder of Yang Kaishan Chen Jing to the independent third party transfer 128 million shares, accounted for 29% of the share capital, the total cost of 178 million yuan (HK $, the same below, about 141 million yuan), a price per share of about 1.392 yuan, a premium of 39.2% compared with that before the suspension. Yang and not more than 1.392 yuan per share to the remaining independent of the remaining 16 million 637 thousand and 600 shares of the remaining third shares.

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