The board of directors of Sun.King Power Electronics Group Limited announced that due to work arrangement, Mr. Yan Fuquan (‘Mr. Yan’) tendered his resignation as the deputy chairman of the Board, a non-executive Director and the chairman of the investment committee of the Board, all with effect from 1 June 2020. The board of directors announced that Ms. Gao Lei (‘Ms. Gao’) was appointed as the deputy chairman of the Board, a non-executive Director and the chairman of the investment committee of the Board, all with effect from 1 June 2020. From August 2010 to December 2012, Ms. Gao worked for China Hi-Tech Group Corporation as a senior manager in the strategy management department. From December 2012 to December 2014, Ms. Gao worked for CHTC Helon Co. Ltd., as vice general manager and secretary to the board of directors. From January 2015 to December 2019, Ms. Gao worked for China Hi-Tech Group Corporation as senior vice general manager in the financial investment business department. From January 2020, Ms. Gao has worked for China Hi-Tech Holding Company Limited as the chairman of the board of directors and general manager.