The board of directors of Beijing Enterprises Environment Group Limited announced that Mr. CHEN Xinguo and Mr. YU Jie are appointed as Executive Directors of the Company with immediate effect. Mr. Chen is currently the Chief Executive Officer of the Company and a Vice President of Beijing Enterprises Holdings Limited ("BEHL", stock code: 392). Mr. Chen is a PRC Senior Economist, graduated from the Department of Industrial Economics and Planned Economics of Renmin University of China and obtained a doctoral degree in economics from Renmin University of China. Prior to joining the Company, Mr. Chen was an officer and a Deputy Commissioner of Beijing Planning Committee and Beijing Development and Planning Committee from 1994 to 2003. From 2003 to 2021, Mr. Chen was an assistant manager of the investment department of Beijing Holdings Limited; a manager of the strategic development department of Beijing Enterprises Group Company Limited; a Deputy General Manager of Beijing Gas Group Company Limited and Beijing Beiran Enterprise Company Limited and an Executive Director (2013 to 2015) and a Vice President (2013 to July 2021) of China Gas Holdings Limited (stock code: 384). Mr. Chen has substantial experience in business management and development. Mr. Yu is currently the chairman of labour union of BEHL. Mr. Yu is a PRC Economist, an International Senior Human Resources Manager and obtained an MBA degree from City University, Bellevue. Prior to joining the Company, Mr. Yu was a manager of human resources department of Beijing Enterprises Teletron Information Technology Co. Ltd. and a deputy office manager of Beijing Enterprises Investment and Management Co. Ltd. from 2001 to 2007, a deputy manager and manager of human resources department and a President Assistant of BEHL from 2007 to 2018. Mr. Yu has substantial experience in human resources management.