The board of directors of Jiangsu Expressway Company Limited received on 31 March 2020 resignation letters from Mr. Li Jie and Mr. Xu Keqiang. Mr. Li Jie resigned from the position as a deputy general manager of the company, and Mr. Xu Keqiang resigned from the position as the assistant to the general manager of the company, due to job reassignment. The resignations tendered by Mr. Li and Mr. Xu shall take effect upon reporting of the resignation to the board of directors of the Company. The resignation of Mr. Li and Mr. Xu will not have impact on the relevant work and business operations of the Company. During their tenure of office as the senior management of the Company, Mr. Li Jie and Mr. Xu Keqiang have been diligent and responsible in performing their duties.