China Aerospace International Holdings Limited announced that due to career change, Mr. Li Hongjun resigned as an Executive Director and President of the Company; and Mr. Jin Xuesheng, the Executive Vice President, was appointed as an Executive Director and President with effect from 23 December 2019. Mr. Jin Xuesheng is a Senior Engineer. Among which, he was the Executive Director and Vice President of the Company from September 1999 to May 2001, a Non-Executive Director of the Company in March 2008 and was re-designated as an Executive Director and appointed as Executive Vice President in May 2010. He resigned the position of Executive Director in December 2018 but remained the position of Executive Vice President. Mr. Jin possesses extensive corporate management experience, especially the experience in financial management.