The board of directors of IRICO Group New Energy Company Limited announced that IRICO Group Company Limited, the controlling shareholder of the Company has nominated Mr. Ni Huadong as a non-executive director. The proposed appointment is subject to the approval by shareholders at the annual general meeting of the Company to be held on 28 May 2019. The term of office of Mr. Ni shall commence from the date of approval of the relevant resolution at the annual general meeting of the Company until the expiry of the term of the fourth session of the Board. Mr. Ni Huadong is the secretary to the Board of the Company. Mr. Ni currently serves as a director of Shaanxi IRICO New Material Co. Ltd. and a director of Jiangsu IRICO Yongneng New Energy Company Limited. The Board announced that Mr. Tang Haobo ("Mr. Tang") will cease to be an employee representative supervisor of the Company due to work re-allocation, with effect from 1 April 2019. The Board further announces that Mr. Wu Mingli ("Mr. Wu") was elected as an employee representative supervisor of the Company at the employee representative meeting of the Company in accordance with the letter issued by the labour union of the Company on 1 April 2019. The term of office of Mr. Wu shall commence from the effective date of the appointment, namely 1 April 2019 until the expiry of the term of the fourth session of the Supervisory Committee. Mr. Wu Mingli, aged 56, is the head of the technology and quality department and the investment operating department of the Company.