Chongqing Machinery & Electric Co., Ltd. announced that the company has appointed Mr. Ma Aijun and Mr. Cai Zhibin as the non-executive directors, which were approved by the shareholders at the 2020 Annual General Meeting. Mr. Ma Aijun, aged 41, has been the deputy general manager of the business management department of Chongqing Yufu Holding Group Co., Ltd. since October 2020 up to now. He served as the manager of the research and development department of Chongqing Yufu Holding Group Co., Ltd. from April 2020 to October 2020, and the manager of the research and development department of Chongqing Yufu Assets Management Group Co., Ltd. from July 2019 to April 2020. Mr. Cai Zhibin, aged 48, has been the assistant to general manager at the Chongqing office of China Huarong Asset Management Co., Ltd. since May 2020 up to now. He has been concurrently the member of the Party Committee of the Chongqing office of China Huarong Asset Management Co., Ltd. since December 2019 up to now. Mr. Cai is a senior economist and engineer. He served as the senior manager of planning and finance department and risk management department of the Anhui office of China Huarong Asset Management Co., Ltd. from December 2017 and December 2019.