Beijing Beida Jade Bird Universal Sci-Tech Company Limited announced that Mr. Ni Jinlei, an executive Director, and Mr. Li Chonghua, an independent non-executive Director, who will not offer themselves for re-election and re-appointment as Directors at the AGM, will retire as Directors at the conclusion of the AGM. Mr. Fan Yimin and Mr. Ouyang Zishi, each an external Supervisor, will not offer themselves for re-election and re-appointment as Supervisors at the AGM, and will retire as Supervisors at the conclusion of the AGM.