The board of directors of Guangdong Adway Construction (Group) Holdings Company Limited announced that Mr. Liu Yilun has tendered his resignation as executive Director, member of the strategy committee, vice president and joint company secretary on 24 June 2020 due to personal career development plan. The above resignations of Mr. Liu shall take effect on 23 July 2020. Mr. Liu confirmed that he has no disagreement with the Board and there are no other matters relating to his resignations that need to be brought to the attention of the shareholders of the Company. Following Mr. Liu's Resignations, the Board announced that it has proposed to appoint Mr. Ye Jiajun as an executive Director and a member of the strategy committee of the Company. Mr. Ye shall be responsible for overseeing group's development, strategic planning, positioning and overall operational and risk management. The proposed appointment of Mr. Ye as an executive Director will be subject to approval by the shareholders of the Company at the extraordinary general meeting. Mr. Ye's proposed tenure shall commence from the date of the forthcoming extraordinary general meeting and end on the date of the annual general meeting to be held in 2023. Mr. Liu has resigned from his position as joint company secretary with effect from 23 July 2020, upon which Ms. Kou Yue will become the sole company secretary of the Company.