The board of directors of AviChina Industry & Technology Company Limited announced that Mr. Li Xianzong applied to the Board to resign from his positions as an independent non-executive director, the chairman of the audit committee, as well as the member of the remuneration committee and the nomination committee, due to personal reasons. The resignation of Mr. Li Xianzong will be effective from the date on which the resignation is approved by the general meeting of the company and a new independent non-executive director is appointed to fill his vacancy at the same time. Before the resignation becoming effective, Mr. Li Xianzong will continue to perform his duties as an independent non-executive director and other duties.