The Board OF Directors of Automated Systems Holdings Limited announced that with effect from the conclusion of the AGM held on 22 May 2019, an existing executive Director and the chairman of the investment committee of the company, Mr. Wang Weihang has been appointed as the chairman of the Board and chairman of the nomination Committee of the company. In conjunction with the appointment of Mr. Wang as the chairman of the Board and the chairman of the Nomination Committee, Mr. Li Wei has ceased to be the chairman of the Board and the chairman of the Nomination Committee with effect from the conclusion of the AGM held on 22 May 2019. Mr. Li remains as non-executive Director. Mr. Wang has been a Director of the company since 2009 and was re-designated from a non-executive Director to an executive Director in May 2014.