China Boqi Environmental (Holding) Co., Ltd. announced executive changes. The board of directors of China Boqi Environmental (Holding) Co., Ltd. is pleased to announced that Mr. Liu Genyu (has been re-designated from an independent non-executive Director to an executive Director with effect from 1 July 2023, and as a result of the Redesignation, Mr. Liu has resigned as a member of the audit committee and remuneration committee of the Company. Mr. Liu, aged 59, was an independent non-executive Director and a member of the Remuneration Committee and Audit Committee.

He was appointed to the Board on 28 February 2018. Mr. Liu does not hold any other position with the members of the Group. Mr. Liu currently serves as an executive director and served as vice chairman and joint chief executive officer of the board of directors of China Nuclear Energy Technology Corporation Limited, a listed company on the Main Board of the Stock Exchange of Hong Kong Limited (the "Stock Exchange") (stock code: 611) which engages in EPC operations and consulting services, solar power generation operations and financing operations.

Mr. Liu served as an executive director and the vice chairman of GCL New Energy Holdings Limited from 7 December 2020 to 9 September 2022, which is a company listed on the Stock Exchange (stock code: 451) mainly engaging in the sales of electric power and the development, construction, operation and management of photovoltaic power stations. Mr. Liu received his bachelor's degree in industrial electric automation from Harbin Institute of Technology in June 1991. Mr. Liu was awarded an executive master 's degree in business administration (EMBA) from Tsinghua University in July 2005.

The Board announced that Ms. Qian Xiaoning appointed as an executive Director with effect from 1 July 2023. Ms. Qian, aged 49, is the senior vice president, Board secretary and joint company secretary of the Company and joined the Group in February 2007. Ms. Qian is primarily responsible for managing human resources, legal compliance issues, development of new business segments and Board matters.

Since joined the Group, Ms. Qian has held various positions including general manager of legal department, general manager of Environmental Remediation Department, Board secretary, vice president and senior vice president of Beijing Boqi Electric Power SCI-TECH Co., Ltd.* . Ms. Qian is also a director of Beijing Bosheng Environmental SCI-TECH Co., Ltd.*, the supervisor of Shanxi Puzhou Boqi Environmental Technology Co., Ltd.* Shanxi Hejin Boqi Environmental Technology Co., Ltd.and Jinggangshan Boqi Environmental Technology Co., Ltd., the general manager of Shanxi Bo Yuan Qi Cheng Environmental Equipment Service Co., Ltd. and a director of Beijing Boqi Tianqi Environmental Protection Technology Co., Ltd. Ms. Qian graduated from China University of Political Science and Law in July 1996 with a bachelor's degree in economic law. Ms. Qian obtained a master's degree in economic law from China University of Political Science and Law in June 2006 and a master's degree in business administration from Chinese University of Hong Kong in December 2010.

The Board announced that: (i) Prof. Yu Wayne W. (" Prof. Yu ") has been appointed as an independent non-executive Director and a member of the Remuneration Committee with effect from 1 July 2023; and (ii) Ms. Zhang Fan ("Ms. Zhang") has been appointed as an independent non-executive Director and a member of the Audit Committee with effect from 1 July 2023. Prof. Yu, aged 60, currently is a professor of Economics and Finance, City University of Hong Kong. Prof. Yu worked at Hong Kong Polytechnic University and Queen's University in Canada.

Prof. Yu is currently an non-executive director of Puxing Energy Limited (a company listed on the Stock Exchange, stock code: 90), Zhejiang Haers Vacuum Containers Co., Ltd. ((a companies listed on the Shenzhen Stock Exchange, Stock Code: 002615) and Concord Medical Services Holdings Limited (a company listed on the New York Stock Exchange, stock ticker: CCM). Prof. Yu also served as an independent non-executive director of Richinfo Technology Co., Ltd. (a ompany listed on the Shenzhen Stock Exchange, stock code: 300634) from June 2019 to June 2022. Prof. Yu holds a Bachelor of Business Administration degree, a Master of Arts (Economics) degree and a Ph.D. (Finance) degree.

Biographical Details of Ms. Zhang Ms. Zhang, aged 48, is a partner of the dispute resolution department at Beijing Zhong Lun Law Firm. Before joining Beijing Zhong Lun Law Firm, Ms. Zhang was a partner of the dispute resolution department at Beijing King & Wood Mallesons. Ms. Zhang is also the vice-president of Beijing Chongqing Chamber of Commerce.

Ms. Zhang has vast experience in political-legal and juridical work. From 1997 to 2015, Ms. Zhang successively served at three-tiered courts and political and legal departments, judicial trials and political and legal matters. Ms. Zhang has also been an independent director of (Kelin Environmental Protection Equipment Co., Ltd. *), the shares of which were delisted from the Shenzhen Stock Exchange in April 2023, since February 2021.

Ms. Zhang obtained her Bachelor of Laws degree from Southwest University of Political Science & Law and her Master of Laws from Sichuan University before obtaining her Doctor of law from China University of Political Science and Law. Following the Redesignation, the appointment of Ms. Qian as an executive Director; and the appointment of Ms. Zhang and Prof. Yu as independent non-executive Directors, (i) Mr. Liu has resigned as a member of the Audit Committee and the Remuneration Committee; (ii) Prof. Yu has been appointed as a member of the Remuneration Committee; and (iii) Ms. Zhang has been appointed as a member of the Audit Committee, with effect from 1 July 2023.