The board of directors (the "Board") of Nexteer Automotive Group Limited (the "Company") announces Ms. Cheuk Ting CHU ("Ms. CHU") had notified the Company that she would cease to serve as the company secretary (the "Company Secretary") under Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Listing Rules with effect from March 26, 2024. The Board announce that Mr. Guanhua WU ("Mr. WU") has been appointed as the Company Secretary and the Authorised Representative, both with effect from March 26, 2024. Mr. WU joined the Company in July 2022 as an executive director, and is responsible for board affairs and investor relations. He is also a member of Global Strategy Council of the
Company. Currently, Mr. WU also serves as a director of Nexteer UK Holdings Ltd. With over twenty years of experience in corporate finance and investment management, Mr. WU had served as the Vice President of Finance and Board Secretary at Cirrus Aircraft Corporation from 2012 to 2018. He held the position of Executive Director of Finance at AVIC General Aircraft Co. Ltd. from 2009 to 2012. Between 2007 to 2009, Mr. Wu worked at Huawei
Technologies Co. Ltd. as the Chief Financial Officer of Huawei Technologies France Ltd. Prior to that, Mr. Wu was with Jiangxi Hongdu Aviation Industry Group from 1997 to 2007, and had held various positions including Director of Pricing, Director of Finance Management, and Executive Director of Finance of Jiangxi Hongdu Aviation Co. Ltd. He holds a degree in Economics (major in accounting) from Jiangxi University of Finance and Economics and an
Master in Business Administration from University of Chicago.