Tianjin Jinran Public Utilities Company Limited announced that Mr. Wang Quan Hong tendered his resignation as a general manager of the Company with effect from 22 May 2020, and as an executive Director and an authorised representative of the Company. Mr. Sun Liangchuan has been appointed as the new general manager of the company in place of Mr. Wang with effect from 22 May 2020. The Board has resolved to nominate Mr. Sun as the new executive Director in place of Mr. Wang for a term from the conclusion of the AGM and ending on the conclusion of the annual general meeting of the Company to be held in 2021, subject to the approval by the Shareholders at the AGM. Mr. Sun will be appointed as the new Authorised Representative of the Company in place of Mr. Wang with effect from the conclusion of the AGM, subject to his appointment as the executive Director being approved by the Shareholders at the AGM.