(March 16, 2015, Beijing, China) China International Capital Corporation Ltd. (“CICC”) today announced that the Board of Directors of CICC appointed Mr. BI Mingjian as CEO and Chairman of Management Committee of CICC. Effective immediately, Mr. BI Mingjian will serve as the acting CEO and Chairman of Management Committee of CICC until the Regulatory Authorities approved his regulatory registration. Mr. LIN Shoukang will no longer serve as the acting CEO and Chairman of Management Committee of CICC and will continue to serve CICC as the COO.

Mr. BI Mingjian participated in the founding of CICC, was among CICC's first group of employees, and served the Company for over a decade.  He made critical contribution to CICC’s business development and platform building.  During his career in CICC, Mr. BI served as Deputy CEO, Member of CICC Management Committee, Acting Chairman of Management Committee, Co-head of Investment Banking, Co-COO, and senior advisor.  Mr. BI has rich experiences in the financial industry and worked for various financial institutions including the World Bank, China Construction Bank and HOPU Investments.

The Board of Directors expressed that “we trust that under the leadership of Mr. BI and the guiding principal of “Bridging the World with Roots in China, Building the Future with Innovative Ideas”, CICC will strive to achieve even greater success in all aspects of our businesses in the securities and investment banking industry.”