The board of directors of ENN Energy Holdings Limited announced that Mr. WANG Zizheng has been re-designated as a non-executive director of the Company, and has ceased to be the Executive Chairman of the Company and the chairman and member of the risk management committee with effect from 16 March 2020. Mr. WANG was appointed as a non-executive director of the Company in 2014. He was then re-designated as the executive director and Executive Chairman of the Company from 11 May 2018 to 16 March 2020, responsible for assisting the Chairman and Vice Chairman of the Company in overseeing the Group's overall strategic planning and functioning of the Company in overseeing the Group's overall strategic planning and functioning of the Board. He is currently a member of the environmental, social and governance committee. Mr. CHEUNG Yip Sang has ceased to be the Vice Chairman of the Company and a member of the nomination committee, and he will not offer himself for re-election in the forthcoming annual general meeting; Mr. HAN Jishen has been appointed as the chairman of the risk management committee; Mr. WANG Dongzhi has been appointed as a member of the risk management committee; and Mr. JIN Yongsheng has been appointed as a non-executive director of the Company, and a member of the nomination committee. The Board announced that Mr. JIN Yongsheng ("Mr. JIN") has been appointed as a non-executive director of the Company, and a member of the nomination committee, with effect from 16 March 2020. The Board believes that Mr. JIN's extensive experience in corporate governance in listed companies will further enhance the Company's corporate governance level and improve the Group's compliance matters. JIN was then re-designated as a non-executive director from 2006 to 2017. He was also the executive director and Chief Executive Officer of CIMC Enric Holdings Limited from 2006 to 2009, and was then re-designated as a non-executive director of that company from 2009 to 2018.