The board of directors of China Shuifa Singyes Energy Holdings Limited announced that Mr. Liu Hongwei has been re-designated from an executive Director to a non-executive Director with effect from 21 May 2023 due to internal re-arrangement of his duties within the Group (the Re-designation). In view of the Re-designation, Mr. Liu Hongwei has also ceased to be the vice chairman of the Board (the Vice Chairman), an authorised representative of the Company (an Authorised Representative) under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules), a member of the remuneration committee of the Company and a member of the nomination committee of the Company. Mr. Liu Hongwei, aged 59, is a non-executive Director.

He founded the Group in August 1995. After obtaining a bachelor's degree in engineering in July 1986 from Wuhan Industrial University, now known as Wuhan University of Technology, majoring in inorganic materials engineering, Mr. Liu Hongwei worked at the Shaanxi Glass Factory, as a technician until 1989. From 1989 to 1991, Mr. Liu Hongwei was the director of production department at the Zhuhai Glass Factory.

From 1991 to 1995, Mr. Liu Hongwei was the manager of the operation department of Zhuhai Singyes Safety Glass. In 1995, Zhuhai Singyes Green Building Technology Co. Ltd. was established with Mr. Liu Hongwei acted as the general manager.

Since November 2003, Mr. Liu Hongwei has been an executive Director up to and until the Re-designation. Mr. Liu Hongwei is a Senior Engineer in respect of construction materials. He has more than 30 years' experience in the curtain wall engineering sector and more than 20 years' experience in the photovoltaic application sector.

Mr. Wang Dongwei, an existing executive Director, has been appointed as the Vice Chairman, an Authorized Representative, a member of the remuneration committee and a member of the nomination committee of the Company with effect from 21 May 2023. Mr. Wang Dongwei, aged 41, has been appointed as an executive Director on 28 November 2019 and was appointed as the president of the Group on 19 January 2022. He is fully responsible for the day-to-day operation management and safety production of the Group.

He has been a deputy general manager of Shuifa Energy Group Limited from June 2018 to October 2019. From May 2018 to June 2018, Mr. Wang Dongwei was the assistant to general manager at Shandong ENN Energy Development Co. Ltd., and from November 2014 to April 2018, he was a standing deputy general manager of Jinan ENN Combustion Gas Co.

Ltd. He served as the chief accountant of Qingdao ENN Jiaocheng Combustion Gas Co. Ltd. from March 2011 to October 2014. Mr. Wang Dongwei worked at Laiyang ENN Combustion Gas Co.

Ltd. from March 2008 to February 2011 and Qingdao ENN Jiaonan Combustion Gas Co. Ltd. from April 2006 to February 2008, as an executive of the finance department in both companies. From August 2004 to March 2006, Mr. Wang Dongwei took the position of a supervising accountant of the finance department of Chucheng ENN Gas Combustion Co., Ltd, and from July 2001 to July 2004, he was an accountant of Zibo Huaqing Fire Resistant Materials Company Limited.

Mr. Wang Dongwei obtained his master's degree in business administration at Zhongnan University of Economics and Law in the PRC in 2012 and his bachelor's degree in accounting at Shandong Economics College (currently known as Shandong University of Finance and Economics) in the PRC in 2003 and has approximately 15 years of senior management experience in the energy field. Mr. Xie Wen has resigned as a non-executive Director with effect from 21 May 2023 due to devotion to his personal business development. Mr. Xie Wen has confirmed that he has no disagreement with the Board and that there are no matters with respect to his resignation that need to be brought to the attention of the shareholders of the Company.

The Board announced that Ms. Wang Suhui (Ms. Wang) has been appointed as a non-executive Director with effect from 21 May 2023. Ms. Wang Suhui, aged 46, has been a deputy director of the Equity Investment Department of Shuifa Group Investment Development Center () She was the general manager of the energy business department of Shuifa Group Co. Ltd. since March 2019.

Ms. Wang Suhui was a non-executive Director of the Company from 28 November 2019 to 17 February 2022. From 2016 to 2018, she was a business manager of the asset operations division of Shuifa Group Co. Ltd. During 2004 to 2011, Ms. Wang has taken the positions of auditor, senior manager and deputy director of the management consultancy department of Xin Lian Yi Certified Public Accountants Co.

Ltd. Ms. Wang obtained her master's degree at the Shandong University of Science and Technology in the PRC in 2004 and is a member of the Chinese Institute of Certified Public Accountants.