ENN Energy Holdings Limited announced that Ms. WU Xiaojing ("Ms. WU"), currently the Executive Vice President of the Company has been appointed as executive Director and President of the Company, Ms. WU has also been appointed as a member of the risk management committee of the Board with effect from 20 December 2021. Due to job reallocation, Mr. ZHANG Yuying ("Mr. ZHANG"), has been re-designated as non-executive Director and ceased to be President of the Company and a member of the risk management committee of the Board, with effect from 20 December 2021. Ms. WU, aged 53, is currently the Executive Vice President of the Company. She is responsible for the marketing and sales/business development of the Group's Guangdong, Fujian and Hunan regions. She obtained an Executive Master's Degree in business administration from the Peking University in 2011. Prior to joining the Group in 2004, she served in the Southern China branch of Beckman Coulter Inc. and was responsible for the business development in the region. Mr. ZHANG, aged 48, has been appointed as executive Director and President of the Company, and a member of the risk management committee in 2019. He graduated from Renmin University of China in 2003 with a Master's Degree in Business Administration. Prior to joining the Group, he worked in Kaifeng Electromechanical Group and Henan Tongli Electrical Appliances Group. After joining the Group, he held various important positions in business planning and strategic performance management of the Group. He has extensive experience in corporate market insight, strategic research and planning and operational excellence.