Suchuang Gas Corporation Limited announces that with effect from 19 August 2019 Ms. Zhu Yaying has resigned as an executive Director of the Company and ceased to be the member of the remuneration committee of the Company; Mr. Su Aping has resigned as an executive Director of the Company and ceased to be the chairman of the Board and the chairman of the nomination committee of the Company but remain as a consultant to the Group to continue to contribute his experience and expertise; Each of Mr. Li Jianyi and Ms. Su Wen has been appointed as an executive Director of the Company; and Ms. Su Yi, an executive Director, has been appointed as the chairman of the Board, the chairman of the nomination committee of the Company and a member of the remuneration committee of the Company. Mr. Li is an executive Director. Mr. Li joined the Group in November 2013 and has been the investment controller of the Company. Ms. Su is an executive Director. Ms. Su has been the executive assistant at Argus Holding Corporation, a wholly-owned subsidiary of the Company in the United States of America (the “US”), responsible for, among other things, the communication of all the aspects with its parent company and business development since January 2019.