The board of directors of Shengli Oil & Gas Pipe Holdings Limited announced that with effect from 29 January 2019, Mr. Ji Rongdi resigned from his office of executive Director due to his personal business development. The Board announced that with effect from 29 January 2019, Mr. Wei Jun has been appointed as the non-executive Director. Mr. Wei Jun, aged 51, is the general manager of Beijing Zhenhong Xingye Trading Co. Ltd. and is responsible for the overall management and international trading of the company. The Board announced that with effect from 29 January 2019, since Mr. Ji Rongdi resigned from his office of executive Director, he has ceased act as chairman of the Board and member of the Remuneration Committee, and Mr. Wei Jun has been appointed as chairman of the Board and member of the Remuneration Committee.