The board of directors of BYD Company Limited announced that Mr. Li Lian-he, an independent non-executive director of the company, has tendered his resignation. Pursuant to the requirement of "Opinions on further regulation on party and political leaders and cadres working part-time in enterprises" (Number 18 of 2013) issued by the Organization Department of the CPC Central Committee, Mr. Li has decided to resign as an independent non-executive director, a member of the audit committee, a member of the remuneration committee, the chairman of nomination committee, and a member of the strategy committee of the company. Mr. Li's resignation shall be effective upon the election of an independent non-executive director of the company as his replacement at the company's forth-coming annual general meeting.