The board of directors of Beijing Energy International Holding Co., Ltd. announced that Mr. Zhang Ping has resigned as chief executive officer of the Company with effect from 18 September 2020, due to his desire to devote more time to his other commitments in the Company. Following the resignation of the position as Chief Executive Officer, Mr. Zhang Ping (Mr. Zhang) will continue to act as Chairman of the Board and executive director of the Company. The Board further announced that Mr. Zhu Jun (Mr. Zhu) has been appointed as Chief Executive Officer with effect from 18 September 2020. Mr. Zhu Jun was appointed as the Chief Executive Officer by the Board on 18 September 2020, while still remaining as director of certain subsidiaries of the Group. Mr. Zhu joined the Group in March 2020 and served as the co-executive president of the Company and director of certain subsidiaries of the Group. Prior to joining the Group, Mr. Zhu served as a manager of equipment maintenance department, an assistant to general manager and the secretary of party branch of Shanxi Zhangshan Electric Power Co., Ltd. (Shanxi Zhangshan EP) successively from April 2003 to December 2004.