The board of directors of CITIC Dameng Holdings Limited announced that Mr. Chen Jiqiu has resigned from his position as a non-executive Director of the company as he has reached the retirement age. The board announced that Mr. Cheng Zhiwei and Ms. Cui Ling will be appointed as non-executive Directors of the company. Mr. Cheng was a deputy director and then a director of the supervisory board of State-owned Assets Supervision and Administration Commission of the People's Government of Guangxi Zhuang Autonomous Region and a supervisor of various subsidiaries of SASAC of Guangxi, Guangxi Liugong Group Co. Ltd., Guangxi Automobile Group Co. Ltd. The Board further announces that Ms. Cui Ling will be appointed as a member of the Audit Committee. Ms. Cui Ling is currently a deputy general manager and chief financial officer of Guangxi Dameng. All changes will be effective from 1 July 2019.