The Board of directors of China Automobile New Retail (Holdings) Limited announced that Mr. Kwong Kwan Tong, an independent non-executive Director, has been appointed as a member of the audit committee and chairman of the remuneration committee of the Company and Mr. He Chengying, an independent non-executive Director, has been appointed as the chairman of the nomination committee of the Company, all with effect from 22 April 2021.