The Board of Shenzhen Expressway Company Limited announced that at the First Extraordinary General Meeting 2018 of the company held on 8 February 2018, Mr. Bai Hua was appointed as an independent non-executive Director of the eighth session of the Board, with the term of office commencing on 8 February 2018 and ending on 31 December 2020. The Board has appointed Mr. Bai as the chairman of the Audit Committee and a member of the Remuneration Committee with effect from 8 February 2018. Following the aforesaid appointment, the Audit Committee is composed of Mr. Bai Hua (chairman of committee) (independent non-executive Director), Mr. Wan Siu Wah Wilson (independent non-executive Director), Ms. Chen Xiao Lu (independent non-executive Director) and Mr. Chen Yuan Jun (non-executive Director); the Remuneration Committee is composed of Mr. Cai Shu Guang (chairman of committee) (independent non-executive Director), Mr. Wan Siu Wah Wilson (independent non-executive Director), Mr. Bai Hua (independent non-executive Director) and Mr. Chen Yuan Jun (non-executive Director). Following the appointment of Mr. Bai as an independent non-executive Director on 8 February 2018, the resignation of Mr. Mr. Hu Chun Yuan as an independent non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee also became effective simultaneously.