The board of directors of AviChina Industry & Technology Company Limited announced that, due to other work commitments, Mr. Tang Jun applied to the Board for resignation as the deputy general manager of the Company, and Mr. Qu Jingwen applied to the Board for resignation as the chief financial officer of the company. Both Mr. Tang Jun and Mr. Qu Jingwen confirmed that they had no disagreement with the Board and there is no matter that needs to be brought to the attention of the Board and the shareholders of the Company in respect of their cessation of office. At the Board meeting held on 3 April 2018, the Board considered and approved the resolution in relation to the appointment of Mr. Tao Guofei as the deputy general manager and CFO of the Company, with the term of office commencing from the date of approval of such resolution to the date on which the Board removes his duty.