Qingling Motors Co., Ltd. announced that at its EGM held on July 30, 2021, Mr. HAYASHI Shuichi, Mr. MAEGAKI Keiichiro and Mr. ADACHI Katsumi resigned as executive Directors; Mr. YASUTA Tatsuya, Mr. MASUDA Yoichi and Mr. YAGI Naoto were elected as executive Directors; Mr. HAYASHI Shuichi resigned as a vice chairman and the general manager of the company; and Mr. YASUTA Tatsuya was appointed as a vice chairman and the general manager of the company.