AP Rentals Holdings Limited announced that Mr. Lu Ta has resigned as a non-executive director of the Company with effect from 14 December 2018 due to his other business commitments as a result of his internal transfer in Kanamoto Co. Ltd. The Board also announced that Mr. Nakazawa Tomokatsu ("Mr. Nakazawa'') has been appointed as a non-executive director of the Company with effect from 14 December 2018. Mr. Nakazawa Tomokatsu is the Deputy General Manager of Overseas Business Division of Kanamoto. He has 22 years of relevant working experience in Kanamoto and its subsidiaries, and is familiar with business operations, overseas business development plan, and company policy of Kanamoto Group.