The board of directors of BeijingWest Industries International Limited announced that Mr. Li Zhi ("Mr. Li") has been appointed as a Non-executive Director of the Company and a member of the Nomination Committee of the Company with effect from 17 January 2020. Mr. Li a senior economist. Mr. Li held various senior positions at Beijing Yanshan Petrochemical Corporation from 1986 to 1999, and worked for various departments in the local government of Fangshan District, Beijing, China from 1999 to 2018. Mr. Li is a vice chairman of BeijingWest Industries Co. Ltd. ("BWI"). He is also a director of BWI Company Limited ("BWI HK"). Each of BWI and BWI HK is a substantial shareholder of the Company within the meaning of Part XV of the SFO. Mr. Li has extensive experience in mechanical engineering, corporate operations management as well as governmental economic planning and development.