BYD Electronic (International) Company Limited Announces Resignation of Liang Ping as an Independent Non-Executive Director, the Chairman of the Remuneration Committee, Member of the Audit Committee and Member of the Nomination Committee

BYD Electronic International Co Ltd is an investment holding company principally engaged in the manufacture of mobile intelligent terminal components and modules. The Company with its subsidiaries mainly provides one-stop services including new material development, product design, research and development, manufacturing, supply chain management, logistics and after-sales services. Its businesses include three major parts: smartphones and personal computers (PCs), new intelligent products and automotive intelligent systems, covering molds, metals, plastic parts, glass, ceramics and electronic products. Its products are used in consumer electronics, Internet of things, smart home, smart industry, smart business, smart game equipment, smart cockpits, smart networked systems, communication modules and other fields. The Company conducts its businesses within the China market and to overseas markets such as Asia-Pacific and the United States.