Capital Environment Holdings Limited announced the Mr. Li Fujing (Mr. Li FJ), currently an executive Director, has been re-designated from the chief executive officer. In replacement of Mr. Li FJ, Mr. Li Qingsong (Mr. Li QS), currently an executive Director, has been re-designated from the executive general manager of the Company to the CEO with effect from 20 December 2023. Such appointment is coterminous with the term of.

Mr. Li QS, aged 51, is a senior engineer and economist. He holds a bachelor's degree in port and waterway engineering from the Department of Geography of Zhejiang University, a master's degree in hydraulics and river dynamics from the Department of Water Conservancy of Tsinghua University and a master's degree in business administration from the School of Business Administration of the Chinese University of Hong Kong. He was appointed as an executive Director and executive general manager of the Company in August 2021.

With effect from 20 December 2023, he has been redesignated from the executive general manager to the CEO. Mr. Li QS had successively acted as an engineer at the Institute of Environmental and Sanitary Engineering Technology of the Urban Construction Design and Research Institute of the Ministry of Construction, the investment manager of the investment and development department, the deputy general manager of Nanjing branch, the general manager of Nanjing branch and the general manager of the investment and development department of southern region, assistant to general manager of Beijing Capital Eco-Environment Protection Group Co. Ltd., the general manager of Hunan Capital Investment Co.

Ltd. He has extensive experience in investment and financing management.