The board of directors of Hong Kong International Construction Investment Management Group Co., Limited announced that the following changes in the composition of the Board took effect from December 15, 2017. Mr. Mu Xianyi has been appointed as the Chief Executive Officer of the company, a member of the Nomination Committee of the Board and the Remuneration Committee of the Board. He was appointed as an executive Director in July 2017.

He is primarily responsible for corporate planning and development, and the corporate finance and investment policy of the Group. He is a director of Park Mr. Zhao Quan has tendered his resignation as an executive Director, a member of the Nomination Committee, a member of the Remuneration Committee and the alternate to authorised representative of the company with effect from December 15, 2017 in order to devote more time to other business commitments. Mr. Zhao has also stepped down as a Vice Chairman of the Board as well as the Chief Executive Officer.

Following Mr. Zhao's resignation as the alternate to Authorised Representative, Mr. Mu has been appointed as the alternate to Authorised Representative with effect from December 15, 2017.