Concord New Energy Group Limited announced that with effect from 4 June 2018, Dr. Wong Yau Kar, David has resigned as an independent non-executive director and a member of the Audit Committee, the Nomination Committee and the Chairman of the Remuneration Committee of the company due to his other business engagement. The Board announced that with effect from 4 June 2018, Mr. Zhang Zhong is appointed as an independent non-executive director of the company. The Board also announced that Mr. Zhang Zhong has been appointed as a member of the Audit Committee, the Nomination Committee and the Chairman of the Remuneration Committee with effect from 4 June 2018 following the resignation of Dr. Wong. Mr. Zhang is currently a partner of Zhong Lun Law Firm and an independent non-executive director of Weichai Power Co. Ltd., Beijing Dalong Weiye Real Estate Development Co. Ltd., and Keda Group Co. Ltd.