The board of directors of Zhengzhou Coal Mining Machinery Group Company Limited announced that: Jia Hao has been appointed as the general manager of the company with effect from 12 February 2018; Fu Qi has been appointed as the deputy general manager of the company with effect from 12 February 2018; Zhang Haibin has been appointed as the secretary to the board with effect from 12 February 2018; Huang Hua has been appointed as the chief financial officer of the company with effect from 12 February 2018. Jia Hao has been appointed as the general manager of the Company. In March 2006, he began to serve as the president of Shanghai Huili Group Company Limited and a director of Shanghai Huili Company Limited, both of which are the subsidiaries of Salim Group.

From March 2014 to February 2018, he was the deputy general manager of Zhengzhou Coal Mining Machinery Group Company Limited. Since 12 February 2018, he has become the vice chairman of Zhengzhou Coal Mining Machinery Group Company Limited. Upon the appointment of Jia Hao as the general manager of the Company, Fu Zugang has ceased to act as the general manager of the Company.

Fu Zugang will remain as an executive director of the Company. The term of office of Jia Hao as general manager of the Company is three years starting from the date of the announcement. Fu Qi has been appointed as a deputy general manager of the Company.

From December 1996 to January 2006, he was a section officer and the deputy head of the planned sales division, the deputy head of the marketing and sales department, and the deputy head of the sub-plant of installation of the Company. From January 2006 to March 2008, he was the head of the production and manufactory department of the Company. From April 2010 to February 2012, he was the chairman and the secretary of the Party Committee of Huainan ZMJ Shun Li Machinery Co.

Ltd. Since February 2012, he has been the deputy general manager of Zhengzhou Coal Mining Machinery Group Company Limited. Huang Hua has been appointed as the chief financial officer of the Company. From May 2005 to December 2006, she served as the general manager of Jinco Nonferrous Metals Co.

Ltd. From January 2007 to June 2008, she served as a project manager and senior analyst at VALE INCO LIMITED. From July 2008 to September 2017, she served as the treasurer and risk officer of Vale Minerals (China) Co. Ltd. Since October 2017, she has been the consultant for the acquisition of Bosch by Zhengzhou Coal Mining Machinery Group Company Limited.

Upon the appointment of Huang Hua as the chief financial officer of the Company, Zhang Haibin has ceased to act as the chief financial officer of the Company. The term of office of Huang Hua as chief financial officer of the Company is three years starting from the date of this announcement. Zhang Haibin has been appointed as the secretary to the Board.

From September 2010 to January 2012, he served as the deputy head of capital operation department and representative for securities affairs of Zhengzhou Coal Mining Machinery Group Company Limited. From January 2012 to February 2015, he was the head of general office, head of capital operation department and representative for securities affairs of Zhengzhou Coal Mining Machinery Group Company Limited. From July 2012 to February 2015, he was the head of division of party and masses' affairs.

Since February 2015, he has been deputy general manager and secretary to the Board of Zhengzhou Coal Mining Machinery Group Company Limited. From July 2017 to February 2018, he has concurrently been the chief financial officer of Zhengzhou Coal Mining Machinery Group Company Limited.