The board of directors of China Yongda Automobiles Services Holdings Limited announced that with effect from March 20, 2018, Ms. Zhang Hong (‘Ms. Zhang’), the director of the legal department of the company, has been appointed as a joint company secretary of the company. Ms. Mok Ming Wai (‘Ms. Mok’), the existing company secretary of the company, will be the other joint company secretary of the company. Ms. Zhang currently is the director of the legal department of the Group. Ms. Mok, the other joint company secretary of the Company, will assist Ms. Zhang in discharging her duties as the joint company secretary of the company.