The Board of Directors of ENN Energy Holdings Limited announced that Mr. Sean S J WANG has tendered his resignation from the position as an executive director and the chief executive officer of the Company, and hence ceased to act as a member of the risk management committee with effect from 12 January 2018 due to his wish to pursue his own career development. The Board announced that Mr. WANG's resignation, Mr. HAN Jishen, the executive director and the president of the company has been appointed as the CEO of the company. He will be fully responsible for the Group's strategic planning and execution, business development, etc.

Meanwhile, Mr. HAN ceased to be the president of the company. Mr. HAN, joined the Group in 1993. He has been fully responsible for the comprehensive business development, daily operations and management of the Group's business, evaluating and rectifying the execution of strategic plans, ensuring the achievement of the Group's targets.

The Board announced that Mr. LIU Min has been appointed as an executive director, the president and a member of the risk management committee of the company. Mr. LIU has held key positions in the China Three Gorges Corporation and China General Nuclear Power Holding Limited. He joined ENN Group in 2011, and he has taken up several key senior managerial roles, including the position of senior vice president in ENN Group.