China Investments Holdings Limited announced that Mr. CHEN Da Cheng retired as an independent non-executive Director ("INED") with effect from the conclusion of the 2022 AGM. At the same time, Mr. Chen ceased to act as the
chairman and member of remuneration committee (the "Remuneration Committee") and a member of each of audit committee (the "Audit Committee") and nomination committee of the Company. The ordinary resolution regarding the election of Mr. Peng Xinyu as an INED was approved by the Shareholders at the 2022 AGM. Mr. Peng's term of office commences from the conclusion of the 2022 AGM to 30 June 2024. Upon approval of the appointment of Mr. Peng as an INED, Mr. Peng was appointed as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee.