CGN New Energy Holdings Co., Ltd.'s board announced that with effect from 22 January 2018, Mr. Lin Jian has resigned as the President and executive Director and a member of the Strategy Development Committee; Mr. Yin Engang has resigned as a non-executive Director and a member of the Audit Committee as well as the IRM Committee; Mr. Liu Chao has been appointed as the chief accountant of the Company in place of Mr. Yao Wei; Mr. Li Yilun has been appointed as the President and executive Director and a member of the Strategy Development Committee; and Mr. Yao Wei has been appointed as a non-executive Director and a member of the Audit Committee as well as the IRM Committee. Mr. Li joined the Company in January 2015 and served as the senior vice president. Mr. Li is also currently serving as an executive director and general manager of CGN Wind Energy Limited. Prior to joining the Company, Mr. Li held several positions in Inner Mongolia Wind Power Corporation from July 1997 to June 2006, including operation inspector, supervisor and deputy head of infrastructure department, and head of production and technical department, as wellas plant manager of wind power plant in Huitengxile. Mr. Yao joined the Company in January 2015. Prior to his appointment as a non-executive Director, he was the chief accountant of the Company. Mr. Yao Wei is currently serving as the deputy general manager (in charge of overall operation) of finance department of CGN. Prior to joining the Company, Mr. Yao held several positions in the finance department of Guangdong Nuclear Power Joint Venture Co., Ltd. from July 1997 to March 2003.