The board of directors of Beijing Gas Blue Sky Holdings Limited announced that Mr. Zhi Xiaoye ("Mr. Zhi") has tendered his resignation as a non-executive Director and ceased to act as the chairman of the Board (the "Chairman") with effect from 20 December 2023 due to Mr. Zhi's work
adjustment with the Company's controlling shareholder. The Board announced that, with effect from 20 December 2023: Mr. Li Weiqi ("Mr. Li"), an executive Director, has been re-designated from the chief executive officer of the Company (the ``Chief Executive Officer'') to the Chairman; and Mr. Wu Haipeng ("Mr. Wu"), an executive Director, has been re-designated from the executive vice president of the Company (the "Executive Vice President") to the Chief Executive Officer. Mr. Li, aged 48, was appointed as an executive Director and Chief Executive Officer on 6 July 2020. He is also the chairman of the Executive Committee of the Board. With effect from 20 December 2023, Mr. Li has been re-designated from the Chief Executive Officer to the Chairman and the chairman of the nomination committee of the Company. Mr. Li graduated from City Gas Engineering of Beijing University of Civil Engineering and Architecture in 1998 and is a senior engineer. Mr. Li served as the manager of the capital operation department of Beijing Gas Group Company Limited ("Beijing Gas Group") from April 2018 to November 2020 and served as the deputy manager of planning and development department of Beijing Gas Group from December 2012 to August 2016. Mr. Li has ever worked in various departments in Beijing Coal Heat Institute for more than 10 years, including the planning and operation, consulting design and marketing departments, and has work experience in the Gas Management Office of the Beijing Municipal Management Committee. Mr. Li has more than 20 years of experience in natural gas design and planning, infrastructure investment, market development, corporate governance and capital operation. Mr. Li was an executive Director from 21 February 2017 to 26 September 2019. Mr. Wu, aged 48, was appointed as an executive Director on 16 November 2022 and was re-designated from vice president to the Executive Vice President on 24 May 2023. He is a member of the Executive Committee. With effect from 20 December 2023, Mr. Wu has been re-designated from Executive Vice President to the Chief Executive Officer. He joined the Group in February 2021 as a vice president of the Group in which he was mainly responsible for the Group 's safety management. He obtained a bachelor 's degree in industrial automation from Daqing Petroleum Institute (currently known as Northeast Petroleum University in July 1998 and a master's degree in gas engineering) and management from MINES ParisTech in October 2011 and is a senior gas engineer. Mr. Wu has over 20 years of experience in gas pipeline network operation, gas. station operation and safety management. Mr. Wu was promoted to the head of the Group's safety management committee in June 2021 and was re-designated as the executive officer of the safety management committee in February 2022. In addition to supervising the safety technology department of the Company, Mr. Wu also oversees the engineering management and investment development functions of the Group. He also acts as director of certain subsidiaries of the Company. Mr. Zhi has ceased to act as the chairman of the nomination committee of the Company. Mr. Li, an executive Director and the Chairman, has been appointed as the chairman of the Nomination Committee in replacement of Mr. Zhi.