The board of directors of New Focus Auto Tech Holdings Limited announced that with effect from 31 March 2016. Mr. Ying Wei has resigned as chairman of the Board and chairman of the Nomination Committee due to the change in his duties and responsibilities at CDH Investments (which manages CDH Fast Two Limited, a controlling shareholder of the company, as a special purpose vehicle) but remains as a non-executive director of the company, and Mr. Ying has been appointed as a member of the Audit Committee. Mr. Zhang Jianxing, an executive Director and the chief executive officer of the company, has been appointed as the Chairman and chairman of the Nomination Committee.

Mr. Du Jinglei, a non-executive Director and a member of the Audit Committee, has been re-designated as an executive Director of the company. Following the Re-designation, Mr. Du has simultaneously ceased to be a member of the Audit Committee. Mr. Zhang has been appointed as the Chairman and chairman of the Nomination Committee of the company with effect from 31 March 2016.