The board of China Infrastructure & Logistics Group Ltd. announced that Mr. Lei has resigned as a non-executive Director and vice chairman of the Board with effect from December 31, 2019 as he would like to devote more time to his other businesses. The board appointed Mr. Xia as a non-executive Director with effect from December 31, 2019. Mr. Xia Yu, aged 59, worked in various positions at the finance department of a state-operated organisation from 1981 to 1997. He was the head of the commerce committee, financial controller and general party branch secretary from 1997 to 2000 of a state-operated organisation, and was the chairman of the board of Hubei Xuelong Group Co., Limited from 2000 to 2003. Since 2004, he has been a director of Zall Holdings Company Limited, a company held under the controlling shareholder of the Company, incorporated in the People's Republic of China. He had been the non-executive Director from 27 October 2016 to 12 December 2018. He obtained a bachelor's degree in managerial economics from the Correspondence Academy of Party School of the Central Committee of the Communist Party of China in 1997, and holds the qualification of senior accountant. Following Mr. Lei's resignation, he has ceased to be a member of the audit committee (the "Audit Committee"), the nomination committee (the "Nomination Committee") and remuneration committee (the "Remuneration Committee") of the Company and Mr. Xia has been appointed as a member of the Audit Committee, the Nomination Committee and the Remuneration Committee with effect from 31 December 2019.