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Lifang partner Hu Yiguang was officially appointed by the State-owned Assets Supervision and Administration Commission (SASAC) to be Outside Director of the China Iron & Steel Research Institute Group (CISRI) at a ceremony held by SASAC on October 9, 2015. CISRI was jointly established by the former China Iron & Steel Research Institute and Automation Research and Designing Institute of Metallurgical Industry in December 2006 upon approval by SASAC and the State Council, and is China’s largest R&D and high-tech industrialization group in the metallurgical industry. As one of the first 103 pilot innovative enterprises, CISRI is a R&D base for new metal materials and innovation of significant, critical and generic technologies in the metallurgical industry. It is also an authoritative institute for metallurgical technology analysis and testing national wide. CISRI has successively initiated the establishment of several public traded companies and a number of high-tech enterprises.
Apart from this appointment, Mr. Hu is also Independent Direct of China General Nuclear Power Group (01816.HK) listed on the Hong Kong Stock Exchange.