The board of directors of CRCC High-Tech Equipment Corporation Limited announced that the Board received the letters of resignation from Mr. Ren Yanjun, Mr. Jiang He and Mr. Yu Yuanlin, as executive directors of the company on 31 July 2017. Pursuant to such letters, due to other work commitments, Ren has resigned from the positions as the chairman of the first session of the Board, an executive director, the chairman of the strategy and investment committee, the chairman of the nomination committee and a member of the remuneration and assessment committee of the company, Mr. Jiang and Mr. Yu have resigned from the positions as executive directors of the first session of the Board of the company. The resignation of Mr. Ren, Mr. Jiang and Mr. Yu shall become effective upon the delivery of the letters of resignation to the Board on 31 July 2017 pursuant to the requirements of the Articles of Association of the company.