The board of directors of Xinchen China Power Holdings Limited announced that Mr. Deng Han has been appointed as an executive Director with effect from 26 June 2023. Mr. Deng Han, aged 47, has over 22 years of experience in the automotive industry. Mr. Deng has been serving as a director of Mianyang Xinchen Engine Co., Limited since February 2023.

He was the general manager of Mianyang Xinhua Internal Combustion Engine Joint Stock Company Limited from August 2016 to June 2023, and the deputy general manager of Xinhua Combustion Engine from January 2012 to August 2016. From January 2003 to January 2012, he held various positions in Mianyang Xinchen, including assistant to the general manager, general manager of sales company, factory manager, supervisor of assembly workshop, deputy supervisor of assembly workshop, and engaged in quality management work and administration management work. From September 2000 to January 2003, he was a workshop technician of Xinhua Combustion Engine.

Mr. Deng obtained a bachelor's degree in metallic material and heat treatment from Xi ' an Technological Institute in July 2000. Save as disclosed above, Mr. Deng did not hold any major appointment or professional qualification or any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years, nor does he hold any other positions with the Company and its subsidiaries.