Shenzhen Expressway Company Limited announced that on 18 January 2018, the Board held a meeting and approved that Mr. Bai Hua be nominated as the candidate of the independent non-executive Director and be proposed to the general meeting of the company for consideration. He has extensive research and practical University since July 2003 and now serves as professor and doctoral tutor of accounting department of Jinan University. The candidacy of Mr. Bai Hua as independent non-executive Director will be effective only after it has been examined and has not been objected by the Shanghai Stock Exchange. Upon approval at the EGM, the appointment of Mr. Bai Hua will be effective immediately, with the term of office ending on 31 December 2020.