The Board of Directors of China Aerospace International Holdings Limited announced that, due to retirement, Mr. Jin Xuesheng resigned from the position as an Executive Director, the President and as an Authorised Representative of the company, under the Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"); and Mr. Song Shuqing was appointed as an Executive Director, the President and as an Authorised Representative of the Company under the Listing Rules with effect from 10 February 2023. Mr. Song Shuqing, aged 51, Master, Researcher, graduated from National University of Defense Technology with a master degree. From 1994 to 2011, he held such positions as the Chief Engineer, the General Manager of Tertiary Industry Division of the China Academy of Space Technology and a Deputy Director General, the Director General of its Infrastructure Department; an Assistant to the General Manager, a Deputy General Manager of Shenzhou Tianchen Science and Technology Industrial Co. Ltd, and a Deputy General Manager of its Assurance Service Division and the Director General of the Infrastructure Department; the Officer-in-charge of the Preparatory Unit of Zhongguancun Aerospace Innovation Park Company Limited. From 2011 to 2019, he served as the General Manager, a Director and the General Manager of Aerospace Times Real Estate Development Co. Ltd. During such period, he also served as a Director of Xian National Civil Aerospace Industry Base Development Co. Ltd. and an Executive Director of Aerospace Times Real Estate Development (Wuhan) Co. Ltd. and a Vice Chairman of Beijing Aerospace Hengrun Real Estate Co. Ltd. From June 2019 to January 2023, he served as a Vice President of China Academy of Aerospace Electronics Technology. Mr. Song is currently a Director of China Aerospace Times Electronics Co. Ltd. and the Chairman of Chongqing Aerospace Rocket Electronics Technology Co. Ltd. Mr. Song has extensive experience in corporate management.