The Board of Directors of Harbin Electric Company Limited announced that, Mr. Xie Wei-jiang, the senior vice-president of the Company, tendered his resignation to the Company to resign from the position of the senior vice-president of the Company on 28 October 2020 due to his appointment to the position of Vice-Governor of the People's Government of Hunan Province, PRC. The resignation will become effective from the date of this announcement. Mr. Xie has confirmed that he has no disagreement with the Board and the supervisory committee of the Company, and there is no other matter in relation to his resignation which has to be brought to the attention of the shareholders of the Company. The Company would like to express its sincere gratitude to Mr. Xie for his valuable contribution to the Company during his tenure as senior vice-president.