Changan Minsheng APLL Logistics Co., Ltd. at the AGM held on June 30, 2016, approved the election of each of Mr. Xie Shikang and Mr. Shi Jinggang as the executive directors of the Company has been approved by the Shareholders at the AGM, both of Mr. Xie and Mr. Shi have been appointed as executive directors of the Company with immediate effect from the conclusion of the AGM until the expiry of the term of the fourth session of the Board. Mr. Xie Shikang has also been appointed as the chairman, chairman of nomination committee, a member of remuneration committee of the fourth session of the Board and the Authorized Representative of the Company, with effect from June 30, 2016. Mr. Joseph Au Yeung Wai Ki resigned from his position as one of the joint Company Secretaries of the Company with effect from June 30, 2016. Mr. Huang Xuesong remains to be the Company Secretary of the Company.