Chengdu PUTIAN Telecommunications Cable Company Limited announces that, Mr. Li Jianyong ("Mr. Li") has resigned as the general manager of the Company under Rule 3.05 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 18 July 2022. Mr. Li will continue to serve as an executive Director and the chairman of the strategic development committee of the Company. Mr. Li has confirmed that there are no matters in relation to his resignation as the general manager of the Company that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company.

The Board also announce that Mr. Wu Xiaodong ("Mr. Wu"), an existing executive Director, has been appointed as the general manager of the Company with effect from 18 July 2022. Mr. Wu Xiaodong, aged 52, graduated from Xidian University with a bachelor's degree in engineering majoring in industrial management and engineering. He is currently an executive Director of the tenth session of the Board of the Company, the director of the material security department, secretary to the branch committee of the Party of the material security department and the tender management office, and senior engineer of the 29th Research Institute.

Mr. Wu has successively held various positions in the 29th Research Institute, including the deputy director of the electronic assembly center, deputy director of the equipment department, deputy director of the comprehensive planning department, deputy director of the planning department (in charge of work), deputy director and secretary to the branch committee of the Party of the finance department, member of the operation management team of the military system business department, deputy director of the military system business department, head of the finance division of the military system business department and director of the material security department, as well as the secretary to the branch committee of the Party of the material security department, distribution and supply center and Chengdu Jiaohao Technology Company Limited .