The board of directors of Sinotrans Limited announced that the Board received a written resignation submitted by Mr. Li Guanpeng (Mr. Li) on 22 April 2019. Mr. Li has resigned as the president of the Company due to work re-allocation. The resignation of Mr. Li took effect on the same day. On the same day, the Board of the Company considered and approved to appoint Mr. Song Rong (Mr. Song) as the president of the Company and to dismiss Mr. Song from the original position of vice president of the Company. The term of office of Mr. Song commences from the approval of the appointment by the Board to conclusion of the second session of the Board of the Company. The Board of the Company received a written resignation submitted by each of Mr. Wang Lin (Mr. Wang) and Mr. Wu Xueming (Mr. Wu) on 22 April 2019. Each of Mr. Wang and Mr. Wu has resigned as the executive director of the Company due to work re-allocation with effect from the day when the resignation letter was delivered to the Board. The Company will elect new directors as soon as possible in accordance with relevant procedures.