The Board of China Electronics Huada Technology Company Limited announced that Mr. Dong Haoran ("Mr. Dong") has resigned from his positions as a non-executive director of the Company and the Chairman of the Board with effect from 1 April 2021. Mr. Dong has resigned due to change of work arrangement. The Board announced that Mr. Xu Haidong ("Mr. Xu") has been appointed as a non-executive director of the Company and the Chairman of the Board with effect from 1 April 2021. Mr. Xu is the chief accountant of Huada Semiconductor Co. Ltd. Mr. Xu was the deputy section manager of the supervision section 2 of Zhuhai Central Sub-branch of the People's Bank of China, the controller of corporate financial of State-owned Assets Management Administration of Zhuhai City, the deputy general manager of China Electronics Financial Co., Ltd, the deputy director of the finance department of CEC, and the financial controller of China Greatwall Technology Group Co. Ltd. (a company with its shares listing on the Shenzhen Stock Exchange).