The board of directors of Xinte Energy Co., Ltd. announced that Mr. Lin Chengfei has been nominated as a non-executive director of the Company on 24 August 2018 and subject to the approval of such appointment of director by the Company's shareholders at the general meeting of the Company until the expiration of the term of the current session of the Board. Meanwhile, Mr. Lin Chengfei has also been nominated as a member of the Audit Committee of the Board, the service term of which is the same as his term as a non-executive director of the Company. In addition, the Board agrees to authorise the Remuneration and Appraisal Committee of the Board to determine the remuneration of the new director in accordance with the remuneration plan for the directors and supervisors in 2018 approved by the general meeting of the Company, and to authorise the chairman of the Board or any one of the executive directors to enter into a service contract with the new director and handle all other relevant matters on behalf of the Company upon the proposed appointment of the candidate for the new director being approved at the general meeting of the Company. Mr. Lin Chengfei, aged 35, is a certified accountant of Institute of Chartered Accountants in England and Wales and a certified public accountant in Hong Kong. Mr. Lin Chengfei was a senior analyst in the investment consulting department of PricewaterhouseCoopers (London) from September 2009 to November 2012.