The board of directors of China High Speed Transmission Equipment Group Co., Ltd. announced that with effect from 24 May 2019 the company appointed Mr. Gu Xiaobin as an executive Director,) Mr. Hu Yueming has been re-designated from non-executive Director to an executive Director and will relinquish his position as the chairman of the Board. Mr. Hu Jichun has been appointed as the Chairman and will remain as an executive Director and the chief executive officer of the company.