The board of directors of China Smarter Energy Group Holdings Limited announced that with effect from 13 March 2020, Mr. Ko Tin Kwok has resigned as an executive director of the Company as he would like to spend more time to pursue his own businesses and other commitments. Mr. Ko has confirmed that he has no disagreements with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board of the Company announced that with effect from 13 March 2020, Mr. Bo Dateng, Mr. Gao Fei, and Mr. Yin Yilin have been appointed as executive directors of the Company. Mr. Bo served as the executive director of Shandong Hi-Speed (Shanghai) Investment Holding Co. Ltd. from April 2018 to February 2019. Mr. Bo served as chairman of Shandong Hi-Speed Investment Fund Management Co. Ltd. from February 2019 till date. Mr. Gao was the vice president prior to becoming the executive director/president of Shanghai Gorgeous Smarter Energy Company Limited from June 2015 till date. Mr. Gao is also the executive director and general manager of several of the Company's subsidiaries, including Linyi Xinlan Electric Company Limited, Dezhou Miaoli Energy Company Limited, Dezhou Guanyang Solar Energy Technology Company Limited, Gaoan Jinjian Power Generation Company Limited, Changfeng Hongyang New Energy Power Generation Company Limited, Dezhou Jiayang New Energy Company Limited and is the executive director of Shanghai Gorgeous Smarter Energy Company Limited. Since June 2015, Mr. Gao has also been the chief strategy officer of the Company. From March 2013 to June 2019, Mr. Yin, worked in Anxin Trust & Investment Co. Ltd. and was responsible for investment review and risk control management business.