Huili Resources : Announcements and Notices - Resignation of Executive Director

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Huili Resources (Group) Limited

滙力資源（集團）有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1303)

RESIGNATION OF EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Directors") of Huili Resources (Group) Limited (the "Company") announces that Mr. Sun Zhong (''Mr. Sun'') has resigned as executive Director and the chief executive officer of the Company with effect from 5 January 2017 due to his personal engagement.

Mr. Sun has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company or the Stock Exchange in relation to his resignation.

The Board would like to take this opportunity to express its appreciation for the efforts of Mr. Sun and his valuable contributions to the Company during his tenure of office.

Following the resignation of Mr. Sun, the duty of chief executive officer will be taken up by Mr. Wang Dayong, an executive Director and the chairman, and other senior management of the Company. The Company will make its best endeavor for seeking a suitable candidate for filling up the vacancy and keep its shareholders and investors informed by way of further announcement upon the appointment of a new chief executive officer.

By order of the Board

Huili Resources (Group) Limited Wang Dayong

Chairman

Hong Kong, 5 January 2017

As at the date of this announcement, the executive Directors are Mr. Wang Dayong, Mr. Shou Xuancheng, Mr. Xu Zucheng and Ms. Wang Qian and the independent non-executive Directors are Mr. Cao Shiping, Mr. Cao Kuangyu and Mr. Song Shaohuan.