CAR Inc. dated August 3, 2020, in connection with the resignation of Ms. Xiaogeng LI from her offices as a non-executive director, a member of the audit and compliance committee and a member of the remuneration committee of the Company, with effect from August 1, 2020. The board of directors of the Company also announced that Mr. Leping YAN, a non-executive director of the Company, has been appointed as a member of the Audit and Compliance Committee, with effect from November 3, 2020. In addition, the Board announces that Mr. Zhen WEI has resigned from his office as a non-executive director of the Company with effect from November 3, 2020 to pursue other business and work commitments.