Henan Pinggao Electric Co. Ltd. announced that the company's directorate has recently received the letter of resignation from Chairman of Directorate Ren Weili. Due to internal relevant personnel adjustment of the company's final controlling shareholder State Grid Corporation of China, Ren Weili doesn't take relevant positions of the company's controlling shareholder Pinggao Group Co. Ltd. on account of work change. Therefore, he requires to resign from positions including Chairman of the 7th Directorate, Chairman of Development Strategy Committee of the 7th Directorate, Member of Nomination Committee of the 7th Directorate and Member of Remuneration and Evaluation Committee of the 7th Directorate. According to relevant regulations, the resignation report of Ren Weili will take effect as of the date of submitting to the company's directorate.