Guangdong Adway Construction (Group) Holdings Company Limited announced that in accordance with Article 10.2 of the articles of association of the Company (the Articles of Association'), Ms. Li Yuanfei (Ms. Li'), a non-executive Director, and Ms. Zhai Xin (Ms. Zhai), an independent non-executive Director, shall retire at the forthcoming annual general meeting (the AGM) of the Company due to expiration of their term of office, and they decided not to stand for re-election due to personal career development plans. Accordingly, Ms. Li will retire as a non-executive Director and Ms. Zhai will retire as an independent non-executive Director, a member of the audit committee, a member of the nomination committee, the chairlady of remuneration committee and a member of the strategy committee of the Company at the conclusion of the AGM. Each of Ms. Li and Ms. Zhai has confirmed that she has no disagreement with the Board and there is no other matter relating to her retirement that needs to be brought to the attention of the shareholders of the Company (the Shareholders).