The board of directors of China Development Bank Financial Leasing Co., Ltd. hereby announced that, due to change of work arrangements, Mr. Huang Min ceased to act as the joint company secretary of the Company, with effect from 31 August 2020; and Ms. Wong Sau Ping ceased to act as the joint company secretary of the Company, an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, an authorized person for accepting service of process and notices in Hong Kong on behalf of the Company under Rule 19A.13 of the Listing Rules and the authorized representative of the Company under Part 16 of the Companies Ordinance, with effect from 31 August 2020. Each of Mr. Huang and Ms. Wong has confirmed that he/she has no disagreement with the Board and there are no any other matters relating to his/her resignation that need to be brought to the attention of the shareholders of the Company or the Stock Exchange. The Board further announced that Mr. Liu Yi has been appointed as one of the joint company secretaries of the Company to replace Mr. Huang and appointed as the Authorized Representative to replace Ms. Wong, with effect from 31 August 2020; and Ms. Lam Yuk Ling has been appointed as one of the joint company secretaries of the Company, the Agent for Accepting Service of Process in Hong Kong and the Authorized Representative under the Companies Ordinance to replace Ms. Wong, with effect from 31 August 2020. Mr. Liu, aged 44, senior engineer with master's degree, joined the Company in July 2019. He currently serves as the secretary to the Board of the Company. Mr. Liu successively worked as the engineer, senior manager and special-ranked manager of AVIC Economics & Technology Research Establishment, AviChina Industry & Technology Company Limited and the general office of Aviation Industry Corporation of China, Ltd. from June 2000 to July 2010, the head of investment management division of the strategy and capital department of Aviation Industry Corporation of China, Ltd. from August 2010 to July 2014, as well as the deputy general manager of AVIC International Capital Co., Ltd. from July 2014 to June 2019. Mr. Liu has been the secretary to the Board of the Company since October 2019. Mr. Liu received a master's degree from the school of economics of Minzu University of China in June 2000. Ms. Lam is the manager of the listing service department of TMF Hong Kong Limited, an international corporate service provider. Ms. Lam has more than 10 years of professional experience in the corporate secretarial field, responsible for providing corporate secretarial and compliance services to listed company clients.