Mudanjiang Hengfeng Paper Co Ltd

Hengfeng Paper announced that the company recently held an employee representative assembly and elected Pan Liguo as employee director of the company's 11th board of directors. Born in 1986, Pan Liguo holds a bachelor's degree and is a senior engineer in pulp and papermaking. He has served as process management engineer, deputy chief process management engineer, deputy factory director, director of the work safety office and factory director, deputy general manager of the new products division, and director of new product development and general manager of the new products division. He currently serves as employee director and manufacturing director of the company. The announcement shows that Pan Liguo does not hold company shares, has no related-party relationships with the company's directors, senior management, actual controller, or shareholders holding more than 5 percent of shares, and has not been subject to any disciplinary action by the securities regulator or the stock exchange. His qualifications comply with relevant laws and regulations.