The board of directors of DONGFENG MOTOR GROUP COMPANY LIMITED announced that Mr. Li Shaozhu ("Mr. Li") has retired as (i) an executive director and president of the Company; (ii) a member of the Remuneration Committee; and (iii) an authorized representative, with effect from 13 May 2021, as Mr. Li has passed the retirement age. The Board announced that Mr. Yang Qing ("Mr. Yang"), a non-executive director of the Company (i) has been appointed as a member of the Remuneration Committee and president of the Company; and (ii) has been appointed as an authorized representative under the Rule 3.05 of the Listing Rules, with effect from 13 May 2021.