The board of directors of Guangdong Investment Limited announced that Mr. FENG Qingchun ("Mr. Feng") will be appointed as a Non-Executive Director of the Company with effect from 26 August 2020. Mr. Feng Qingchun was a principal officer and then the deputy division director of Guangdong Regulatory Bureau of the Ministry of Finance, PRC. Mr. Feng was appointed the General Manager of the Finance Department of (Guangdong Holdings Limited) and GDH Limited on 2 March 2020. He is the Chairman of (GDH (Shanghai) Investment Management Limited) ("GDH (Shanghai)") and (GDH (Guangzhou) Investment Limited) ("GDH (Guangzhou)"). GDH (Shanghai) is a subsidiary of Guangdong Holdings and GDH (Guangzhou) is a subsidiary of GDH.