The board of directors of China State Construction Development Holdings Limited announced the following changes which will take effect from 1 June 2024: Mr. Wu Mingqing, the Vice Chairman of the Board and Executive Director of the Company, will cease to be Chief Executive Officer of the Company; and Mr. Zhu Haiming, has been appointed as Chief Executive Officer and Executive Director of the Company. Due to work reassignment, Mr. Wu will cease to be Chief Executive Officer of the Company but will remain as Vice Chairman of the Board and Executive Director. Particulars of Mr. Zhu Haiming: Aged 41, Mr. Zhu graduated from Huazhong University of Science and Technology and holds a Master of Engineering degree in Control Science and Engineering and was awarded the title of Senior Engineer.

He joined China State Construction International Holdings Limited (?CSC?) and its subsidiaries in 2007 and has been a director of certain subsidiaries of CSC since 2012. CSC is a controlling shareholder of the Company. Mr. Zhu has over 17 years of experience in construction engineering management, infrastructure investment and operation.