The board of directors of Xinchen China Power Holdings Limited announced that Mr. Qi Yumin has resigned as a Non- executive Director with effect from 12 September 2016 due to his other business engagement. The Board has approved the appointment of Mr. Liu Tongfu as a Non-executive Director with effect from 12 September 2016. Mr. Liu Tongfu has been serving as director, executive vice president, member of the standing committee of the Communist Party of China and vice general manager of auto business unit of Huachen Automotive Group Holdings Company Limited since March 2016. From February to March 2016, he was the director, executive vice president and member of the standing committee of the Communist Party of China of Huachen Automotive. From December 2015 to February 2016, he was the vice president and member of the standing committee of the Communist Party of China of Huachen Automotive. From June 2011 to December 2015, he served as the vice president and member of the leading party group of Huachen Automotive.