The board of directors of Capital Environment Holdings Limited announced that (i) Mr. Wu Lishun has resigned as an executive director, the chairman of the Board, authorised representative, member and chairman of nomination committee and member of remuneration committee of the company due to his commitment to other career development; and (ii) Mr. Liu Yongzheng has resigned as an executive director of the Company due to his commitment to other career development as well, all with effect from 20 April 2018. Each of the resigning directors has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company. The board announced to express its sincere gratitude to Mr. Wu Lishun and Mr. Liu Yongzheng for their valuable contribution to the company in the past years. Re-designation of director and appointment of director: The board announced that (i) the executive director of the company, Ms. Zhang Meng, will be re-designated as an executive director, the chairlady of the Board, authorised representative, member and chairman of nomination committee and member of remuneration committee of the Company; and (ii) Ms. Hao Chunmei has been appointed as an executive director of the company, all with effect from 20 April 2018. Ms. Zhang Meng, aged 42, was appointed as an executive director of the company on 20 December 2016. Ms. Zhang is currently the general manager of department of environmental industry of Beijing Capital Group Company Limited. From September 2013 to June 2016, she worked in Beijing Capital Group Company Limited as the deputy general manager of infrastructure department. Prior to this, Ms. Zhang served as the deputy director of development department of the Management Committee of Olympic Green in Beijing, the deputy secretary and Secretary General of the Administration Committee of Common Area in Olympic Green of the Organizing Committee of the 29th Olympic Games, the executive officer of the Operation Center in Olympic Green and leader of Concierge and project manager of the department of environmental engineering of the Engineering and Environmental Bureau of the Organizing Committee of the 29th Olympic Games. Ms. Hao Chunmei, aged 47, he is currently the financial controller and general manager of Corporate Developing Centre of Beijing Capital Co. Ltd., and the general manager of Beijing Capital (Hong Kong) Limited. Ms. Hao served as the officer of Financial Department in China Datang Technologies & Engineering Co. Ltd., and successively served as a department head of planning and finance department, the general manager of Accounting Information Department, the deputy general manager and general manager of the planning and finance department of Beijing Capital Co. Ltd. Ms. Hao has extensive experience in finance, corporate management, acquisition and merger, and corporate financing.