Hebei Yichen Industrial Group Corporation Limited announced that the Board of Directors, Ms. Fan Xiulan will retire from her position as an executive Director upon the expiration of the term of office of the Second Session of the Board of Directors and will not stand for re-election due to her desire to devote more time to her personal affairs. Ms. Fan has confirmed that she has no disagreement with the Board of Directors and there is no matter relating to her retirement that needs to be brought to the attention of the Shareholders.