First Tractor Company Limited announced that among the members of the Eighth Session of Board of Directors, Mr. Li Xiaoyu (executive Director), Mr. Li Hepeng (non-executive Director), Mr. Xie Donggang (non-executive Director), Mr. Zhou Honghai (non-executive Director), Ms. Yang Minli (independent non-executive Director) and Ms. Wang Yuru (independent non-executive Director) will retire and will not stand for election as candidate Directors of the Ninth Session of the Board of Directors. Among the members of the Eighth Session of Supervisory Committee Mr. Tian Peng and Mr. Zhang Bin will retire and will not stand for election as candidate Supervisors of the Ninth Session of the Supervisory Committee.