The Board of Directors of China Aerospace International Holdings Limited announced that with effect from 26 March 2024, Mr. Wang Xiaojun resigned as an Independent Non-Executive Director and members of the Nomination Committee and the Remuneration Committee of the company due to his intention to devote more time on his own business; Ms Xue Lan was appointed as an Independent Non-Executive Director and members of the Nomination Committee and the Remuneration Committee of the Company. Ms. Xue Lan, aged 58, graduated from Renmin University of China with bachelor's degree in history in 1986 and master degree in economics in 1996. She obtained an EMBA degree from the Guanghua School of Management of Peking University in 2001.

From August 1986 to December 1988, Ms. Xue served as an Assistant Archivist at the Archives of the Ministry of Foreign Affairs of the People's Republic of China. From December 1988 to May 1992, she served as the Deputy Consul at the Consulate General of the People's Republic of China in Sydney, Australia. Ms. Xue joined the Securities Association of China as the Director of the International Department from December 1992 to August 1997.

She served as the General Manager of the International Business Department at China Securities Co. Ltd. from August 1997 to December 2005. From December 2005 to August 2006, she served as the General Manager of the International Business Department at CSC Financial Co.

Ltd. Ms. Xue held the positions of Director and General Manager at Financial Products Department, BOC International Holdings Limited from August 2006 to March 2014. From March 2014 to March 2018, she served as the Chief Operating Officer of Huatai Financial Holdings Ltd. Since March 2018, Ms. Xue has been serving respectively as the Chief Operating Officer at China Securities (International) Finance Holding Co. Ltd. and as director of several of its subsidiaries, including but not limited to CSCI Insurance Broker Limited, CSCIF China Limited, CSCIF Hong Kong Limited, China Securities (International) Finance Company Limited, China Securities City Development Equity Investment Asset Management (Shenzhen) Company Limited, CSCIF Asia Limited and the director and a Responsible Officer of China Securities (International) Brokerage Company Limited in respect of types 1 (dealing in securities), 2 (dealing in futures contracts), 4 (advising on securities), and 5 (advising on futures contracts) regulated activities under the Securities and Futures Ordinance; and a Responsible Officer of China Securities (International) Asset Management Co.

Ltd. in respect of types 1 (dealing in securities) and 9 (asset management) regulated activities under the Securities and Futures Ordinance. Ms. Xue is a Responsible Officer registered with the Securities and Futures Commission of Hong Kong for types 1 (dealing in securities), 2 (dealing in futures contracts), 4 (advising on securities), 5 (advising on futures contracts), and 9 (asset management) regulated activities. Ms Xue has extensive experience and knowledge in the financial sector.