The board of directors of China Harmony New Energy Auto Holding Limited announced that Mr. Fan Qihui has resigned from his position as the non-executive Director of the company with effect from June 30, 2018 due to his other business commitment. The Board also announced that Mr. Han Yang has been appointed as the executive Director of the company with effect from June 30, 2018. Mr. Han joined the Group in April 2013, served as the sales director and responsible for the BMW brand. From March 2014 to July 2015, he was promoted to the general manager and was responsible for the operation of ultra-luxury brands. In July 2015, Mr. Han was appointed as the Vice President of Harmony Auto, responsible for the operation of luxury and ultra-luxury brands of the Group.