The board of directors of Zhuzhou CRRC Times Electric Co., Ltd. announced that with effect from 28 March 2017: Mr. Deng Huijin resigned from the positions of the vice chairman and an executive director of the Company; Mr. Li Donglin was appointed as the vice chairman and an executive director of the Company; and Mr. Chen Xiaoming was appointed as an independent non-executive director of the Company. Mr. Chen, aged 54, is a PRC lawyer. Mr. Chen was a lawyer of Shenzhen Foreign Economic Law Firm from July 1988 to December 1993, a partner and a lawyer of Guangdong Huaye Law Firm from January 1994 to December 2002. He was a partner and a lawyer of Guangdong Shengdian Law Firm from January 2003 to December 2006. He has been a partner and a lawyer of Beijing Zhonglun (Shenzhen) Law Firm since January 2007. In connection with the appointments of the directors of the Company as disclosed: Mr. Li has been appointed as a member of the Strategy Committee and the chairman of the Risk Control Committee; and Mr. Chen has been appointed as a member of each of the Audit Committee and the Remuneration Committee.