The board of directors of China Resources Power Holdings Company Limited announced that Mr. Hu Min has resigned as an executive Director and the President of the Company, due to other work arrangements within China Resources (Holdings) Company Limited ("CRH") with effect from 17 December 2019. The Board announced that Mr. Tang Yong ("Mr. Tang") has been appointed as an executive Director and the President of the Company, and Mr. Zhang Junzheng ("Mr. Zhang") has been appointed as an executive Director, Vice Chairman and Senior Vice President of the Company, both with effect from 17 December 2019. Mr. Tang Yong served as Managing Director of China Resources Land Limited from June 2013 and Vice Chairman of CR Land from November 2014, and was appointed as the Chairman of the board of CR Land on 12 February 2019. Prior to joining the Company, he was responsible for leading the board of CR Land and formulating the strategies and policies of CR Land. Mr. Zhang Junzheng, aged 55, served as Assistant General Manager from June 2009 to February 2010 and Deputy Director from February 2010 to June 2014 of the office of the board of CRH respectively, and was appointed as the Director of Health Safety and Environment of CRH from June 2014. The Board further announced that with effect from 17 December 2019, Dr. Ch'ien Kuo-fung, Raymond, an independent non-executive Director of the Company, has been appointed as a member of the Audit and Risk Committee of the Company.