In accordance with the Company Law of the People’s Republic of China, the Securities Law of the People’s Republic of China, the Mandatory Provisions for the Articles of Association of Companies to be Listed Overseas, the Reply of the State Council on the Adjustment of the Provisions Applicable to the Notice Period for Convening General Meetings and Other Matters for Overseas Listed Companies (《國務院關於調整適用境外上市公司召開股東大會通知期限等事項規定的批覆》) issued by the State Council of the People’s Republic of China, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the actual situation of the Company, the board of directors of the Company (the “Board”) approved the resolutions on 21 April 2020 and proposed amendments to certain provisions of the articles of association of the Company (the “Articles of Association”). Relevant amendments to the Articles of Association are set out in Appendix I to this announcement. Meanwhile, the Company proposed to make corresponding amendments to the Rules of Procedures of the General Meeting in order to further optimize certain terms of the Rules of Procedures of the General Meeting, and relevant amendments to the Rules of Procedures of the General Meeting are set out in Appendix II to this announcement.