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                              Personnel Announcement

                              08-01-2020

                              As per the decision rendered by the State Council of the People's Republic of China, Mr. Yang Guozhong will no longer serve as Chairman of the Supervisory Board of CIC.

                              CIC highly commends and appreciates the excellent leadership and service of Mr. Yang Guozhong during his tenure as Chairman of Board of Supervisors, and his commitment and contribution to fostering duty performance supervision, strengthening CIC’s internal management and fulfilling corporate social responsibility.