The board of directors of China High Speed Transmission Equipment Group Co., Ltd. announced that Mr. Liao Enrong (Mr. Liao) has tendered his resignation as an executive Director with effect from 3 June 2016, due to his age and the focus on other commitment. Mr. Liao will also cease to act as an authorized representative of the company with effect from 3 June 2016. Mr. Hu Yueming, Chairman and Chief Executive Officer and executive Director has been appointed as an Authorized Representative with effect from 3 June 2016.