The board of China Hongqiao Group Limited announced that with effect from 27 January 2021, Mr. Chen Yisong, due to work reallocation, has resigned as a non-executive Director and Mr. Zhang Hao has ceased to act as an alternate Director to Mr. Chen Yisong. The board announced that (i) Mr. Li Zimin has been appointed as a non-executive Director with effect from 27 January 2021; and (ii) Mr. Zhang Hao has been appointed as an alternate Director to Mr. Li Zimin with effect from 27 January 2021. The Board also announced that Mr. Zhang has been appointed as an alternate Director to Mr. Li with effect from 27 January 2021.