The board of directors of MIE Holdings Corporation announce that Mr. Wang Xiong has been appointed as an executive director and co-vice chairman of the Company with effect from August 9, 2019. Mr. Wang has over 20 years of experience in corporate finance and investment management. He brings considerable capital market and investment management expertise to the Company. Prior to joining the Company, Mr. Wang served as an executive director and vice-chairman at Hanergy Thin Film Power Group Limited from November 2016 to March 2018.