GCL New Energy Holdings Limited announced executive changes. Mr. Sun Xingping has tendered his resignation as an executive Director; the president; and a member for each of the corporate governance committee, the strategic planning committee and the investment committee of the Company with effect from 15 January 2020 due to personal health condition. Following the Resignation, Mr. Mo Jicai has been appointed as an executive Director; the President; and a member for each of the corporate governance committee, the strategic planning committee and the investment committee of the Company with effect from 15 January 2020. Prior to joining the Company, Mr. Mo served as a vice president of Shunfeng International Clean Energy Limited.