The board of directors of Xinyi Solar Holdings Limited announced the following change in the senior management of the Group. Mr. LEE Yau Ching (Mr. Wesley Lee) will resign as the Chief Executive Officer of the Company effective from 1 April 2024 because of his desire to spend more time with his family in Hong Kong. Over the past 13 years, Mr. Wesley Lee has been acting as the Chief Executive Officer of the Company since November 2010 and has led and witnessed the business growth of the Group to become one of the leaders in the global solar glass industry.

Following the resignation, Mr. Wesley Lee will remain one of the executive Directors with the primary focus on supporting the strategic business development and growth of the Group. Following the resignation of Mr. Wesley Lee and effective from 1 April 2024, Mr. LEE Shing Put, B.B.S. (Mr. Lee), an executive Director and a Vice Chairman of the Group, will act as the Chief Executive Officer of the Company. Mr. Lee, aged 46, is currently an executive Director and a Vice Chairman of the Company.

Prior to joining the Group, Mr. Lee was engaged in information technology and investment businesses in Hong Kong and China. Mr. Lee was an executive director of Xinyi Glass Holdings Limited, during the period from June 2004 to October 2008. Mr. Lee acted as a non-executive Director during the period from 20 September 2013 to 30 July 2023.

Mr. Lee has then been re-designated as an executive Director and a Vice Chairman of the Group from 31 July 2023. Mr. Lee is also the Chairman and an executive director of Xinyi Energy Holdings Limited. Mr. Lee graduated from The Hong Kong University of Science and Technology in 2000 with a bachelor's degree in business administration majoring in finance and economics and obtained the Executive master's degree in business administration from the Peking University in 2016.

Mr. Lee is an Honorary Fellow of The Hong Kong University of Science and Technology. Mr. Lee is currently a member of the 13th Guangdong Provincial Standing Committee of the Chinese People's Political Consultative Conference and a deputy to the 14th National People's Congress. Mr. Lee is an executive director and chairman of Xinyi Energy Holdings Limited.

Mr. Lee is the son of Dr. LEE Yin Yee, S.B.S., a non-executive Director and the Chairman of the Group, the cousin of Mr. Wesley Lee and the nephew of Tan Sri Datuk TUNG Ching Sai P.S.M, D.M.S.M, J.P., a non-executive Director and a Vice Chairman of the Group. Mr. Lee is also a director of a subsidiary of the Company.