The board of directors of Panda Green Energy Group Limited announced the appointment of Ms. Xie Yi as non-executive director, with effect from 22 January 2019. Ms. Xie Yi is concurrently the co-director of the private equity department of CLSA Limited. Ms. Xie has extensive experience in financial investments and corporate sales of financial institutions. Previously, Ms. Xie worked in Hua Lian New Energy Technology Limited, Guotai Junan (Hong Kong) Limited, Sinolink Securities Co. Ltd.