The board of directors (the "Board") of Capital Environment Holdings Limited announced that Mr. Xiao Yukun ("Mr. Xiao") has resigned as an executive director of the Company due to his commitment to other career development, with effect from 26 August 2021. The Board announced that, Mr. Li Qingsong has been appointed as an executive director and executive general manager of the Company, with effect from 26 August 2021. Mr. Li Qingsong is currently the general manager of Hunan Capital Investment Co. Ltd., the general manager of central south region and the executive deputy general manager of Beijing Capital Eco-Environment Protection Group Co. Ltd.