AVIC International Holdings Limited announced that at the EGM, the appointment of Mr. Fu Fang Xing as an executive Director for the term commencing from the conclusion of the EGM to the date of the 2020 annual general meeting of the company to be held in 2021 was duly approved by the Shareholders and such appointment took effect immediately thereafter. With effect from the close of the EGM, Ms. Zhou Chun Hua resigned as an executive Director. Mr. Fu is currently the executive director of AVIC International Holding (HK) Limited and AVIC Joy Holdings (HK) Limited and the chief accountant of AVIC International Holding Corporation ("AVIC International") which is the shareholder of the company. With effect from the close of the EGM, Ms. Zhou Chun Hua resigned as an executive Director due to change of job assignments. Ms. Zhou Chun Hua has confirmed that she had no disagreement with the Board and there were no matters relating to her resignation that needed to be brought to the attention of the Shareholders or the Stock Exchange.