The board of directors of China Oil Gangran Energy Group Holdings Limited announced that on 9 April 2020, the Board has resolved, among other matters, to temporarily suspend the duties of Ms. Hui Sai Ha as an executive Director with effect from 9 April 2020 until further notice due to reasonable suspicion that there had been potential conflict of interests (the "Allegations") concerning Ms. Hui's role in the two agreements (the "Agreements") dated 24 October 2018 and entered into between the Company and a third party (the "Service Provider") relating to the design of an intelligent robot by the Service Provider to be used in the Company's trading of refined oil and clean energy business and the transactions contemplated thereunder.