The board of directors of the Concord New Energy Group Limited announced that with effect from February 9, 2017, Mr. Gao Fuchun has resigned as a non-executive director of the company. Mr. Gao tendered his resignation as a non-executive director of the company due to his other business engagement. The Board also announced that with effect from February 9, 2017, Mr. Wu is appointed as a non-executive director of the company. Mr. Wu is currently the General Manager of Engineering Management Department of Huadian Fuxin Energy Corporation Limited.