Chengdu Expressway Co., Ltd. announced that Mr. Yang Bin ("Mr. Yang") tendered a written resignation to the Board on 24 October 2023 due to work rearrangement to resign from the positions as a non-executive Director and member of the audit and risk management committee of the Board (the "Audit and Risk Management Committee"), with effect from 24 October 2023. At the meeting of the Board held on 24 October 2023, the Board also resolved that Ms. Wu Haiyan be appointed as a member of the Audit and Risk Management Committee and appointment of Mr. Xia Wei as an executive director of the second session of the board of directors of the Company.