Sinopec issued an announcement stating that due to work, Mr. Yu Baocai resigned as president of Sinopec. The board of directors appointed Mr. Zhao Dong as the president of Sinopec and adjusted to an executive director. The term of appointment was from the date of approval by the board of directors until the end of the term of the 8th board of directors. Furthermore, according to the provisions of the “Articles of Association”, according to the nomination of the President, the board of directors appointed Mr. Wan Tao and Mr. Yu Baocai as senior vice presidents of Sinopec for the term of office from the date of approval by the board of directors until the end of the term of the 8th board of directors.