The board of directors of China Minsheng Drawin Technology Group Limited announced that each of Mr. MI Hongjun and Mr. CHEN Domingo has tendered his resignation as an executive director of the Company with such resignations to take effect from 1 July 2018. The Board also announced that Mr. YANG Hongwei has been appointed as an executive director of the Company with such appointment to take effect from 1 July 2018. The Board announced that Mr. PENG Xiongwen has been appointed as a non-executive director of the Company with such appointment to take effect from 1 July 2018.

Mr. Peng, aged 48, has been the chief financial officer of Tianjin China Minsheng Drawin Technology Co, Limited. The Board announced that Mr. PANG Zhenghao has tendered his resignation as the chief financial officer of the Company with such resignations to take effect from 1 July 2018 due to other work commitment. The Board announces that: Mr. Chen has tendered his resignation as the authorised representative of the Company with such resignation to take effect from 1 July 2018; and Mr. TSANG Ho Pong has been appointed as the authorised representative of the Company with such appointment to take effect from 1 July 2018.

The Board announces that: Mr. Mi ceased to be a member of the Remuneration Committee member with effect from 1 July 2018; and Mr. MA Lishan has been appointed as a member of the Remuneration Committee with such appointment to take effect from 1 July 2018. Mr. JIANG Hongqing ceased to be a chairman of the Audit Committee with effect from 1 July 2018. For the avoidance of doubt, Mr. JIANG Hongqing remains as a member of the Audit Committee after his resignation as the Chairman of the Audit Committee; and Mr. LEE Chi Ming has been appointed as chairman of the Audit Committee with such appointment to take effect from 1 July 2018.