The board of directors of China Meidong Auto Holdings Limited announced that Ms. LIU Xuehua, has retired from her position as an executive Director due to health reason with effect from 25 March 2019 and has been appointed as senior consultant of the Company on the same day. Ms. Liu has confirmed that she has no disagreement with the Board and there are no other matters related to her resignation which need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announced that Ms. LUO Liuyu has been appointed as an executive Director with effect from 25 March 2019. Ms. Luo, has been the vice president of human resources and administration unit of a wholly-owned subsidiary of the Group since May 2012, primarily responsible for the overall human resources management and planning of the Group, including recruitment, job allocation, training, remuneration and benefit policies, etc.