The board of directors of Concord New Energy Group Limited announced that with effect from 13 March 2015, Mr. Zhou Zhizhong has resigned as executive director of the company. Mr. Zhou Zhizhong has acted as executive director of the Company since 28 June 2011. Mr. Zhou, is also the Vice President of the Company overseeing the EPC business segment of the Group. Mr. Zhou tendered his resignation as an executive director of the Company because he would like to dedicate all of his effort and time
in such business segment and may not be able to involve in other affairs of the Board. Mr. Zhou will continue to serve the Group by acting as the Vice President. On 13 March 2015, Mr. Gao Fuchun has been appointed as non-executive director of the company. Mr. Gao is the Deputy Director of Hydropower and New Energy Industries of Huadian Fuxin Energy Corporation Limited.