China Machinery Engineering Corporation announced that Mr. WANG Yuqi has tendered his resignation letter resigning as a NED and will cease to act as a member of the Strategy and Development Committee. Ms. AI Wei has been nominated as the candidate for an executive Director of the third session of the Board. The above resignation shall become effective from the date on which the proposed appointment of Ms. AI Wei as an executive Director is approved by the Shareholders at the 2020 Third EGM.