The board of directors of Comtec Solar Systems Group Limited announced that Mr. Donald Huang has resigned as a non-executive Director and a member of the audit committee, the nomination committee, the remuneration committee, the corporate governance committee and the significant payments committee with effect from 19 April 2017 in order to devote more time to his other business and professional endeavors and Mr. Daniel DeWitt Martin has resigned as an independent non-executive Director and a member of the Audit Committee, the Nomination Committee and the Remuneration Committee with effect from 19 April 2017 in order to devote more time to
his other business and professional endeavors. The board further announced that Mr. Xu Erming has been appointed as an independent non-executive Director and a member of the Audit Committee, the Nomination Committee and the Remuneration Committee with effect from 19 April 2017. Mr. Xu is a professor and Ph.D. supervisor of the Graduate School at the Renmin University of China and vice chairman of the Chinese Enterprise Management Research Association. Mr. Xu is also currently the independent non-executive director of China Telecom Corporation Limited. The board further announced that Mr. John Yi Zhang has resigned as the chief executive
officer of the company with effect from 19 April 2017 in order to promote the good corporate governance of the Group to differentiate the roles between the chief executive
officer and the chairman of the Board under the Listing Rules. The board further announced that Mr. Zhang Zhen has been appointed as the chief executive
officer of the company with effect from 19 April 2017. Mr. Zhang Zhen was also the president of the company from 3 October 2016 to 19 April 2017. He is also currently a director Comtec Renewable Energy Group Limited. Mr. Zhang Zhen is primarily responsible for overseeing the Group's downstream solar power business. Mr. Zhang Zhen has extensive experience in the downstream solar business and served as the president and co-founder of Enfinity HK Development Ltd. for its operation of downstream solar business in the PRC since 2008. The board further announced that Mr. Tang Huantong has been appointed as the chief operation officer of the company with effect from 19 April 2017. Mr. Tang Huantong served as the executive vice-president of Jetion Solar (China) Co. Ltd.