The board of directors of China Rundong Auto Group Limited (the Company") announced that with effect from 1 January 2022, the address of the headquarters of the Company in the People's Republic of China (the "PRC") will be changed to Room 605, Building 3, No. 2268, South Lianhua Road, Minhang District, Shanghai City, the PRC. The registered office, principal place of business in Hong Kong and the website of the Company shall remain unchanged.