SINOPEC Engineering (Group) Co., Ltd. announced that the Board was notified by Mr. YAN Shaochun of his resignation as an executive director of the company, the president of the company and a member of the strategy and development committee of the Board in consideration of his job adjustment. Mr. YAN Shaochun has confirmed that he does not have any disagreement with the Board or the company and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. The company held the sixth meeting of the Second Session of the Board on 5 January 2017.

The Board approved the appointment of Mr. XIANG Wenwu as the president of the company for a term commencing from the date of appointment and ending on the expiry of the term of the Second Session of the Board. Mr. XIANG Wenwu is a vice president of the Company. Mr. XIANG is a senior economist at professor level with a PhD degree.

He served as a deputy manager of Sinopec Group Second Construction Company from June 1999 to March 2004; a manager of Sinopec Group SCC from March 2004 to December 2008; the president of Sinopec Group SCC from December 2008 to July 2010; a director and the president of Sinopec Group Nanjing Engineering & Construction Incorporation from December 2009 to April 2012; an executive director and the president of Sinopec Nanjing Engineering & Construction Incorporation from April 2012 to November 2014.