Tsingtao Brewery Company Limited at its board meeting on June 28, 2018, approved election of Hung Kexing Chair of the 9th directorate, appointed Fan Wei President, Manufacturing President and Chief Winemaker and the appointed Zhang Ruixiang Secretary to Directorate (Secretary to Hong Kong Company), appointed Sun Xiaohang Representative of Securities Affairs and appointed Executive Director Yu Zhuming and Secretary to Directorate (Secretary to Hong Kong Company) Zhang Ruixiang Authorization Representative of Stock Exchange of Hong Kong Limited.