The board of directors of CRCC High-Tech Equipment Corporation Limited announced that the first meeting of the second session of the Board was held on 29 June 2018 and, at the meeting, Mr. Liu Feixiang was elected as Chairman of the second session of the Board, with a term of office from the date of the election by the Board to the date of expiration of the term of the second session of the Board. On the same day, the Board has also elected the members of the four Board committees. The composition of each of the Board committee is as: Liu Feixiang appointed as Chairman of Strategy and investment committee and Nomination committee of the Board and Liu Feixiang, Sun Linfu, Yu Jiahe appointed as Members to the Strategy and investment committee and nomination committee of the Board. Yu Jiahe appointed as Chairman of Audit and risk management committee and remuneration and evaluation committee of the Board and Yu Jiahe, Sun Linfu, Wong Hin Wing appointed as Members to the Audit and risk management committee of the Board. Yu Jiahe, Liu Feixiang, Sun Linfu appointed as Members to the Remuneration and evaluation committee of the Board. Mr. Yu was elected as the Chairman of the Supervisory Committee of the Company for a term of office starting from the date of the election of the Supervisory Committee to the date of expiration of the term of office of the second session of the Supervisory Committee of the company.