BYD Electronic International : · BYD ELECTRONIC RESIGNATION AND APPOINTMENT OF EXECUTIVE DIRECTOR AND MEMBER OF THE NOMINATION COMMITTEE (2017-01-03)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

（incorporated in Hong Kong under the Companies Ordinance with Limited Liability）

Website: http://www.byd-electronic.com

The Board wishes to announce that with effect from 3 January 2017, Mr. Sun Yi-zao resigned as an executive director and a member of the nomination committee of the Company.

The Board is pleased to announce that with effect from 3 January 2017, Mr. Wang Bo has been appointed as an executive director and a member of the nomination committee of the Company.

The board of directors (the "Board") of BYD Electronic (International) Company Limited (the "Company", together with its subsidiary, the "Group") wishes to announce that Mr. Sun Yi-zao ("Mr. Sun") has tendered his resignation as an executive director and a member of the nomination committee of the Company with effect from 3 January 2017 (the "Resignation") to devote more time to his personal commitments.

Mr. Sun has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in connection with the Resignation.

The Board would like to express its gratitude to Mr. Sun for his valuable contribution to the Company during his tenure of office.

The Board is pleased to announce that Mr. Wang Bo ("Mr. Wang") has been appointed as an executive director and a member of the nomination committee of the Company with effect from 3 January 2017.

Mr. Wang, aged 44, graduated from the Harbin Institute of Technology with a bachelor's degree in engineering specializing in electrochemical engineering in 1993. Mr. Wang worked as an assistant engineer at No. 18 Tianjin Institute of Power Sources and a senior quality engineer and resource development manager at Motorola (China) Ltd. Mr. Wang joined BYD Company Limited ("BYD", a company listed on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with stock code 1211 and the Shenzhen Stock Exchange with stock code 002954) in September 2001 and is responsible for marketing and sales. Since the listing of the Group on the Stock Exchange, he has been responsible for marketing and sales and the day-to-day management of the commercial and customer service aspect of the Group's business and was appointed as the general manager of the sales and marketing department of the Group since September 2012.

Mr. Wang's term of appointment is from 3 January 2017 to 2 January 2020. Mr. Wang is also subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company. According to an agreement entered into between Mr. Wang and the Company in the form of a service contract, either the Company or Mr. Wang has the right to give not less than three months' written notice to terminate the contract without payment of compensation. Pursuant to his service contract, Mr. Wang is not entitled to any director's fee but is entitled to normal staff benefits and to a salary to be determined at the discretion of the Board pursuant to the authority granted by the shareholders of the Company at general meetings of the Company. The emoluments of Mr. Wang are determined by the remuneration committee of the Company with reference to market practice, his performance and contribution to the Group and also the terms of reference of the remuneration committee adopted by the Company.

As at the date of this announcement, Mr. Wang is interested in 2,805,000 shares in the Company, representing 0.12% of the total issued share of the Company, within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The said shares of the Company are held by Gold Dragonfly Limited, a company incorporated in the British Virgin Islands and wholly owned by BF Gold Dragon Fly (PTC) Limited as trustee of BF Trust, beneficiaries of which are 31 employees of BYD, the Company and each of their subsidiaries, including Mr. Wang. Save as disclosed above, Mr. Wang does not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company. Mr. Wang has not held any directorships in any listed public companies in the last three years.

Save as disclosed above, there is no information that is required to be disclosed pursuant to paragraph

(h) to (v) of Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange and there are no other matters that need to be brought to the attention of the shareholders of the Company in connection with the appointment of Mr. Wang.

By order of the Board of

Director

Hong Kong, 3 January 2017

As at the date of this announcement, the executive Director are Mr. WANG Nian-qiang and Mr. WANG Bo; the non-executive Directors are Mr. WANG Chuan-fu and Mr. WU Jing-sheng; and the independent non- executive Directors are Mr. CHUNG Kwok Mo John, Mr. Antony Francis MAMPILLY and Mr. QIAN Jing- jie.