Harbin Electric Company Limited announced that, Mr. Zhang Ying-jian has tendered resignation letter to the Board to resign from the positions of an executive Director and a member of the nomination committee of the Company
due to reassignment of job positions. The resignation takes effect from the date of this announcement. Upon the resignation of Mr. Zhang, the number of the Board members has fallen below the number of members as required under the Articles of Association of the Company. The Company will complete the election to fill the vacancies and other works subsequent to the election and appointment in accordance with the legal procedures as soon as possible.
Upon the resignation of Mr. Zhang, the members of the Board are as follow: Executive Directors: Mr. Cao Zhi-an (chairman) and Mr. Huang Wei. Independent non-executive Directors: Mr. He Yu, Mr. Hu Jian-min, Mr. Tang Zhi-
hong and Mr. Pan Qi-long. The positions held by each Board member in each of the special committees are as follows: Mr. Tang Zhi-hong as chairman of Audit Committee, Mr. He Yu, Mr. Hu Jian-min and Mr. Pan Qi-long as member of Audit Committee. Remuneration Committee: Mr. He Yu as Chairman, Mr. Hu Jian-min, Mr. Tang Zhi-hong and Mr. Pan Qi-long as member. Strategy Development Committee: Mr. Huang Wei as Chairman, Mr. He Yu, Mr. Hu Jian-min, Mr. Tang Zhi-hong, Mr. Pan Qi-long as Member. Nomination Committee: Mr. Cao Zhi-an as Chairman. Mr. He Yu, Mr. Hu Jian-min, Mr. Tang Zhi-hong, and Mr. Pan Qi-long as Member.