The board of directors of Jiangsu Expressway Company Limited received on 8 October 2021 the resignation letter from Mr. Cheng Xiaoguang, the general manager of the company. Mr. Cheng Xiaoguang resigned from the position as the general manager of the company due to job adjustment. The resignation of Mr. Cheng Xiaoguang will take effect from the date of the application of resignation was delivered to the board of directors of the company. The resignation of Mr. Cheng as the general manager will not affect the related work and business operations of the Company. At the fourth meeting of the tenth session of the board of directors of the company held on 8 October 2021, Mr. Wang Feng was appointed as the general manager of the company for a term of three years (commencing from the date of approval by the board of directors' meeting).