The board of directors of CAR Inc. announced that Ms. Xiaogeng LI ("Ms. Li") has resigned from her offices as a non-executive director of the Company with effect from August 1, 2020 to pursue other business and work commitments. Upon Ms. Li's resignation, she has also ceased to be a member of the audit and compliance committee (the "Audit and Compliance Committee") and a member of the remuneration committee of the Company (the "Remuneration Committee").