QINGLING MOTORS(01122): Liu Zhongwei appointed as executive director and chairman of the company.

QINGLING MOTORS (01122) announced that following the resolutions passed at the extraordinary general meeting from items 1 to 8 and 10 to 16: Mr. Luo Yuguang has resigned as an executive director, as well as Chairman of the Company, member of the Remuneration Committee, and Chairman and member of the Nomination Committee; Mr. Nakamura Yuki has resigned as an executive director, as well as Vice Chairman of the Company; Mr. Tsukui Kan'yu, Mr. Xu Song, Mr. Li Juxing, and Mr. Li Xiaodong have resigned as executive directors; Mr. Long Tao has resigned as an independent non-executive director, as well as member of the Audit Committee, Remuneration Committee, and Nomination Committee; and Mr. Song Xiaojiang has resigned as an independent non-executive director, as well as Chairman and member of the Audit Committee, Chairman and member of the Remuneration Committee, and member of the Nomination Committee. In addition, Mr. Liu Zhongwei has been appointed as an executive director, as well as Chairman of the Company, member of the Remuneration Committee, and Chairman and member of the Nomination Committee; Mr. Kashiwara Tadayuki has been appointed as an executive director, as well as Vice Chairman of the Company; Mr. Nagata Tomoya, Mr. Xu Dengke, and Ms. Song Xiumin have been appointed as executive directors; Mr. Yang Xinglong has been appointed as an independent non-executive director, as well as Chairman and member of the Audit Committee, Chairman and member of the Remuneration Committee, and member of the Nomination Committee; and Ms. Hou Qian has been appointed as an independent non-executive director, as well as member of the Audit Committee, Remuneration Committee, and Nomination Committee.