The Board of the Changan Minsheng APLL Logistics Co., Ltd. announced that due to job relocation, Mr. Tang Yizhong will resign as the shareholder representative supervisor of the fourth session of the supervisory committee of the Company. The resignation of Mr. Tang Yizhong shall take effect on the date on which the 2018 AGM of the Company is held for the purpose of, among other things, approving the election of a shareholder representative supervisor as his successor. In addition, the Board proposes to elect Mr. Yang Gang as a shareholder representative supervisor of the fourth session of the supervisory committee of the Company to fulfill the vacancy of Mr. Tang Yizhong. Mr. Yang Gang aged 42, a senior accountant. Mr. Yang joined Minsheng Shipping Co., Ltd. in July 2007 and has since then served in various important roles such as manager of the financial department in Guangzhou Branch of Minsheng Shipping Co., Ltd., and Guangzhou Minsheng International Freight Co., Ltd. (a subsidiary of Minsheng Shipping Co., Ltd.) and as the deputy general manager of Sichuan Minsheng International Freight Co., Ltd. (a subsidiary of Minsheng Shipping Co., Ltd.). Mr. Yang now serves as the deputy director of financial department in Minsheng Shipping Co., Ltd. and as a supervisor of Hubei Minsheng International Freight Co., Ltd. and the deputy general manager of Minsheng Logistics Sichuan Co., Ltd. Both Hubei Minsheng International Freight Co., Ltd. and Minsheng Logistics Sichuan Co., Ltd. are also subsidiaries of Minsheng Shipping Co., Ltd. Mr. Yang Gang has extensive experiences in accounting and financial management.