The board of directors of CGN New Energy Holdings Co., Ltd. announced that with effect from July 12, 2016, Mr. Chen Sui has been re-designated from an executive Director to a non-executive Director while remaining as the chairman of the Board, the chairman of the nomination committee of the Company and a member of the strategy development committee of the Company due to his other assignments in China General Nuclear Power Corporation, Ltd. Mr. Chen Sui has been a Director and the Chairman since January 3, 2014. He was re-designated as a non-executive Director with effect from October 3, 2014 and was further re-designated from a non-executive Director to an executive Director on January 26, 2015. Prior to the Re-designation, he was principally responsible for overall corporate strategies planning and business development of the Group. He also serves as the chairman of the Nomination Committee and a member of the Strategy Development Committee. Mr. Chen Sui concurrently serves as the chairman of CGN Wind Energy Ltd., CGN Solar Energy Development Co., Ltd. and CGN Energy Service Co., Ltd., director of CGN Europe Energy Co., Ltd., supervisor of CGN Power Co., Ltd. The Board announced that with effect from July 12, 2016, Mr. Chen Qiming has resigned as a non-executive Director and a member of the Strategy Development Committee due to his other assignments in CGN. The Board also announced that with effect from July 12, 2016, Mr. Wu Junfeng has been appointed as a non-executive Director and a member of the Strategy Development Committee. Mr. Wu Junfeng was appointed as a non-executive Director and a member of the Strategy Development Committee on July 12, 2016. Mr. Wu Junfeng is currently the non-executive director of CGN Mining Company Limited, the general manager of the asset operation department of CGN and CGN Power of Guangdong Nuclear Power Investment Company Limited and an executive director of Shenzhen Nengzhihui Investment Co., Ltd.