The board of directors of Shunfeng International Clean Energy Limited announced that Mr. Zhang Fubo ("Mr. Zhang") will step down as the chairman of the Board (the "Chairman") in order to focus on his other personal and business commitments. Mr. Zhang will remain as an executive Director. The Board further announces that, Mr. Wang Yu ("Mr. Wang"), currently the chief executive officer of the Company (the "Chief Executive Officer") and an executive Director, will be appointed as the Chairman with effect from 25 March 2020. Mr. Wang, aged 49, is currently an executive Director and the Chief Executive Officer. Mr. Wang is currently a director of Shunneng New Energy Technology Co. Ltd. which is a wholly-owned subsidiary of the Company, and a director of Lattice Power Corporation which is a non-wholly owned subsidiary of the Company. The Board also announces that, Mr. Zhang has ceased to be, and Mr. Wang, has been appointed as the authorised representative of the Company under Rule 3.05 of the Listing Rules, with effect from 25 March 2020. The Board further announced that with effect from 25 March 2020, Mr. Zhang has also resigned as the chairman of the nomination committee of the Board (the "Nomination Committee"), and Mr. Wang has been appointed as the chairman of the Nomination Committee.