CNQC International Holdings Limited announced changes in the composition of the board of directors of the company and its committees with effect from January 11, 2019: Mr. Ho Chi Ling has tendered his resignation as an executive director, a member of the Strategy and Investment Committee and the authorized representative of the company; Mr. Wang Linxuan has tendered his resignation as an executive director and a member of the Strategy and Investment Committee but will remain as a senior management of the Group; Dr. Sun Huiye has tendered his resignation as a non-executive director and a member of the Nomination Committee and of the Strategy and Investment Committee; Mr. Wang Xianmao has tendered his resignation as a non-executive director and a member of the Audit Committee and of the Strategy and Investment Committee; Chuck Winston Calptor has tendered his resignation as an independent non-executive director and the chairman of the Remuneration Committee and a member of the Audit Committee; Mr. Ching Kwok Hoo, Pedro is appointed as the chairman of the Remuneration Committee; Mr. Tam Tak Kei, Raymond is appointed as a member of the Remuneration Committee; Mr. Chen Anhua is appointed as a member of the Strategy and Investment Committee; and Mr. Cheng Wing On, Michael is appointed as the authorized representative of the company. Each of Mr. Ho Chi Ling, Mr. Wang Linxuan, Dr. Sun Huiye, Mr. Wang Xianmao and Mr. Chuck Winston Calptor has confirmed that he has no disagreement with the Board and is not aware of other matters that need to be brought to the attention of the shareholders of the Company in connection with his resignation.