The board of directors of China Travel International Investment Hong Kong Limited announced the following changes regarding the Board with effect from 13 June 2018: Mr. Zhang Fengchun (Mr. Zhang) has resigned as an Executive Director and the Chairman of the Board, a member of the Remuneration Committee, the Chairman of the Nomination Committee and the Chairman of the Strategy and Development Committee of the company to devote more time for his commitment at China National Travel Service Group Corporation Limited and China Travel Service (Holdings) Hong Kong Limited. Mr. Fu Zhuoyang (Mr. Fu) has been appointed as an Executive Director and the Chairman of the Board, a member of the Remuneration Committee, the Chairman of the Nomination Committee and the Chairman of the Strategy and Development Committee of the company. Mr. Fu, aged 58, is a Deputy General Manager of China CTS and CTS (Holdings), and the Chairman of Hong Kong China Travel Service Investment (China) Limited. Mr. Fu is also a Director of Common Bond Investments Limited, a subsidiary of the Company. Mr. Fu was the Deputy General Manager of China Travel Service (Holdings) Corporation of China, the General Manager of China National Tourism Trading & Service Corporation, and the Chairman of China Spacesat Company Limited.