Fuwei Power Announces Change in Chairman

1. Date of Board Resolution or Change: 115/07/03 2. Position (Please enter 'Chairman' or 'CEO'): Chairman 3. Former Name: Lin Li-Zhen 4. Former Resume: Chairman, Fuwei Power Co., Ltd. 5. New Name: Not applicable 6. New Resume: Not applicable 7. Nature of Change (Please select 'Resignation', 'Removal', 'End of Term', 'Position Adjustment', 'Dismissal', 'Retirement', 'Deceased', or 'New Appointment'): Removal 8. Reason for Change: The corporate director held 30,244,000 shares at the time of appointment. During the term, over half of these shares were transferred, resulting in automatic removal from the directorship as stipulated by law. 9. Effective Date of New Appointment: Not applicable 10. Additional Disclosures (This announcement qualifies as material information under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act, as it significantly impacts shareholder rights or stock price): Due to the transfer of more than half of the shares held at the time of appointment, the corporate director's position is automatically terminated by law. A new chairman will be elected by the board of directors. Keywords: Material Information