China City Railway Transportation Technology Holdings Company Limited announced the appointment of Mr. Guan Jifa, as the Chairman and the chairman of the Nomination Committee. Ms. Xuan Jing has been appointed as the Chief Executive Officer. Mr. Cao Wei, has ceased to be the Chief Executive Officer and has been appointed as the Vice Chairman.

Dr. Tian Zhenqing has tendered his resignation as a non-executive Director, the Chairman and the chairman of the Nomination Committee. Mr. Ren Yuhang has been appointed as a non-executive Director. Ms. Wu Xiao has ceased to be the Process Agent and Ms. Ng Sin Yee, Clare, the Company Secretary and the Authorised Representative, has been appointed as the Process Agent.

In addition, Mr. Guan has been appointed as the chairman of the nomination committee of the company to replace Dr. Tian with effect from 28 February 2017. Mr. Guan was appointed as a non-executive Director on 28 October 2015. Ms. Xuan was appointed as an executive Director on 27 June 2014.

Ms. Xuan concurrently serves as a director of Beijing BII Technology Development Company Limited, ERG Transit Systems (Beijing) Limited and Beijing BII-ERG Transportation Technology Company Limited each a subsidiary of the company. Mr. Cao is the executive Director. Mr. Cao concurrently serves as a director of Great Legend Development Limited, China City Railway Transportation Technology Investment Company Limited, Beijing City Railway Holdings Company Limited, Innovation Holding Co., LTD., ERG Transit Systems (HK) Limited, ERG BJ, BII Zhuoyue and BII ERG, each a subsidiary of the company.

Mr. Cao was appointed as Director on 7 January 2011 and redesignated as executive Director on 7 December 2011. Mr. Cao joined the Group in April 2009. Mr. Cao is the sole director of More Legend Limited.

Mr. Ren is currently the general manager of the capital operations department of BII. Mr. Ren has worked as a project manager, senior project manager and general manager of the financial planning department of BII since September 2007.