China Motor Bus Company, Limited announced that at a meeting of the Board held on 8th November 2019, it was resolved that Dr. Henry Ngan, currently an executive director of the Company, be elected as Chairman of the Company with immediate effect; with effect from 8th November 2019, Ms. Ngan Kit Ling ("Ms. Ngan") has ceased to be the Chairman of the Company, and she remains as Managing Director of the Company.