The board of directors of Shanghai Dazhong Public Utilities (Group) Co. Ltd. announced that at the first meeting of the tenth session of the Board held on May 25, 2017, the Board has considered and approved the appointment of Mr. Yang Guoping as the chairman of the tenth session of the Board. The Board is also announced that at the first meeting of the tenth session of the Supervisory Committee held on May 25, 2017, the Supervisory Committee has considered and approved the appointment of Mr. Yang Jicai as the chairman of the tenth session of the Supervisory Committee. The Board announced that at the Board Meeting, the Board has considered and approved the appointment of Mr. Liang Jiawei as president of the Company, Mr. Zhuang Jianhao, Mr. Yang Weibiao, Mr. Jin Bo as vice presidents of the Company, Mr. Zhao Ruijun as vice financial officer of the Company, Mr. Jin Bo as secretary to the Board and Mr. Cao Jing as authorized representative of securities affairs of the Company. It was resolved at the Board Meeting that the composition of the committees of the Board will be adjusted as follows: the audit committee of the Company will comprise Mr. Wang Hongxiang, Mr. Yao Cho Fai Andrew and Mr. Chow Siu Lui, and will be chaired by Wang Hongxiang; the nomination committee of the Company will comprise Mr. Yao Cho Fai Andrew, Mr. Yang Guoping and Mr. Liu Zhengdong, and will be chaired by Yao Cho Fai Andrew; and the remuneration and appraisal committee of the Company will comprise Mr. Wang Kaiguo, Mr. Yang Guoping and Mr. Yao Cho Fai Andrew, and will be chaired by Mr. Wang Kaiguo.