The board of directors of CNNC International Limited together with its subsidiaries shall be referred to as the "Group") announce that Mr. Chan Yee Hoi ("Mr. Chan") has been appointed as an independent non-executive director, chairman of the Audit Committee, member of the Remuneration Committee and the Nomination Committee of the Company with effect from 9th March, 2020. Mr. Chan, aged 70, has over 40 years' experience in banking, corporate finance, capital markets, direct investment, asset management and financial management. Since 2013, Mr. Chan has been an independent non-executive director of Hong Fok Land International Limited, which is principally engaged in property development business. Prior to Mr. Chan's retirement in 2019, he had worked with various American banks in Hong Kong, investment banks, corporate finance advisory, securities and fund management companies and had gained substantial financial management expertise. Between 2004 and 2015, he served as an independent non-executive director and chairman of the audit committee of Winfoong International Limited.