The board of directors of C&D International Investment Group Limited announced that with effect from 21 March 2019: Mr. Shi Zhen has tendered his resignation to resign from his position as an executive Director; and Ms. Wang Xianrong has tendered her resignation to resign from her position as a non-executive Director. The resignation of Mr. Shi and Ms. Wang was due to personal reason. The Board announced that with effect from 21 March 2019: Mr. Lin Weiguo has been appointed as an executive Director and the chief executive officer and ceased to be a chief operating officer of the Company; and Ms. Ye Yanliu has been appointed as a non-executive Director.

Mr. Lin, aged 40, was appointed as the financial controller of the Company from 20 March 2015 to 15 March 2016, and the chief operating officer of the Company from 15 March 2016 to 21 March 2019. Before joining the Group, he served as a manager of a branch of Xiamen Overseas Chinese Electronic Co. Ltd. Ms. Ye joined Xiamen C&D Corporation Limited in 1995 and served as its legal affairs director and general legal consultant.

She is currently the vice general manager of Xiamen C&D, a director of Xiamen C&D Inc., a director of C&D Real Estate and a director of some other subsidiaries of Xiamen C&D (not of the Group) and in charge of risk management in general for Xiamen C&D.