China Oriental Group (00581) released an announcement in which the board of directors announced that, since the recent shareholder annual meeting ended: (i) Zhu Hao will resign as a non-executive director of the board of directors on a rotational basis according to the articles of association; and (ii) Wang Tianyi will resign as an independent non-executive director of the board of directors on a rotational basis according to the articles of association, and will no longer be members of the audit committee, nomination committee, and remuneration committee.

The board of directors announced that it has proposed to appoint (subject to approval by shareholders at the upcoming annual shareholder meeting): (i) Li Mingdong as an executive director. If approved, Li Mingdong's appointment will take effect from the end of the upcoming annual shareholder meeting; and (ii) Yu Fangjin as an independent non-executive director. If approved, Yu Fangjin's appointment will take effect from the end of the upcoming annual shareholder meeting. After Yu Fangjin's appointment as an independent non-executive director takes effect, the board of directors proposes to appoint Yu Fangjin as a member of the audit committee, nomination committee, and remuneration committee, respectively.

(i) The board of directors announced that PwC will retire as the company's auditor at the end of the current term (i.e. at the end of the upcoming shareholder annual meeting). (ii) Based on the recommendation of the audit committee, the board of directors has resolved to appoint Deloitte as the company's new auditor after PwC retires. This appointment is subject to approval by shareholders at the upcoming annual shareholder meeting.