The Board of the Concord New Energy Group Limited announced that with effect from 18 December 2023, Mr. Yap Fat Suan, Henry has resigned as an independent non-executive director and the Chairman of the Audit Committee of the Company as he would like to dedicate more time to his personal interests in his retirement life. The Board also announced that with effect from 18 December 2023, Mr. Yap will cease to be the chairman of the Audit Committee of the Company, Ms. Huang Jian is appointed as the Chairman of Audit Committee, Ms. Li Yongli has resigned as a member of ESG Committee and is appointed as a member of Audit Committee of the Company, Dr. Jesse Zhixi Fang is appointed as a member of the ESG Committee of the Company.