Jiangsu Expressway Company Limited received the resignation letter from Mr. Dai Qian, the financial controller on 24 August. Mr. Dai Qian applied to resign from the position as the financial controller of the Company due to job reassignment. The resignation of Mr. Dai Qian shall take effect upon the receipt of such resignation letter by the board of directors of the Company.

After his resignation, Mr. Dai Qian will cease to hold any position in the Company.