The Board of China ZhengTong Auto Services Holdings Limited announced that upon completion of the procedural requirements of the company relating to the change of executive Director taken place in advance, the board announced that Mr. Wang Kunpeng has resigned as an executive Director, the vice chairman of the Board; and Mr. Li Zhi Huang has been appointed as an executive Director, both with effect from 17 September 2021 (after trading hours). Mr. Li Zhi Huang will be appointed as a member of the Remuneration Committee.