The board of directors of Continental Aerospace Technologies Holding Limited has tendered his resignation as an executive Director with effect from 30 August 2021 due to his other business commitments. Mr. Zhang has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that Ms. Jiao Yan ("Ms. Jiao") has been appointed as an executive Director with effect from 30 August 2021. Ms. Jiao previously served as a director of regulations, the deputy general counsel and the minister of audit and legal department of AVIC International.