The board of directors of CAR Inc. announced that Mr. Leping Yan has been appointed as a non-executive director of the Company with effect from June 12, 2020. Mr. Yan has more than 28 years of experience from various industries. Mr. Yan has served as an assistant president of Legend Holdings Corporation since October 2019. Mr. Yan served as a senior vice president of Tsinghua Unigroup Co. Ltd. and the chairman of the board of directors of Xiamen Unigroup Xueda Co. Ltd. from June 2018 to October 2019. The Board is also announced that Mr. Linan Zhu, a non-executive director of the Company, has been appointed as a member of the Nomination Committee of the Company, with effect from June 12, 2020.