Nexteer Automotive Group Limited announced the passing away of Mr. TSANG Hing Lun (Mr. TSANG) as an independent non-executive director of the company, the chairman of the remuneration and nomination committee, and a member of the audit and compliance committee of the board of directors of the company. The board announced that Mr. YICK Wing Fat, Simon (Mr. YICK) has been appointed as an independent non-executive Director of the company, the chairman of the remuneration and nomination committee and a member of the audit and compliance committee of the board in place of Mr. TSANG with effect from August 15, 2017. Mr. YICK has over 30 years of experience in audit, direct investment, investment banking and corporate advisory services. As at the date of this announcement, Mr. YICK serves as an independent non-executive director, chairman of the audit committee and member of remuneration committee and member of nomination committee of China Singyes Solar Technologies Holdings Limited, Shenzhen Neptunus Interlong Bio-technique Company Limited and Shanghai International Shanghai Growth Investment Limited. Mr. YICK is also an independent non-executive director, convener of the nomination committee and member of the strategy committee and the audit committee of Chengdu Xingrong Environment Co. Ltd.