The board of directors of APT Satellite Holdings Limited announced that with effect from 1 April 2018, Mr. Yuan Jie has resigned as Non-Executive Director and the Chairman of the company for the reason of new working arrangement. The board would like to thank Mr. Yuan and expresses its appreciation for his contribution to the company during his terms of office. The board also announces that with effect from 1 April 2018, Mr. Li Zhongbao, the existing Non-Executive Director of the company has been appointed as the Chairman of the company. Mr. Li was appointed as Non-Executive Director of the company with effect from 29 August 2017. The Board also announces that with effect from 1 April 2018, Mr. Ba Risi has been appointed as Non-Executive Director of the company.