The board of directors of China Beidahuang Industry Group Holdings Limited announced that Mr. Jiang Jianjun has tendered his resignation as an executive Director and a member of the remuneration committee of the Company with effect from 16 August 2019 as he wishes to focus on his other commitments.Mr. Jiang has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board also announced that Mr. Li Jiehong, the Chairman of the Board and an executive Director, has been appointed as a member of the Remuneration Committee with effect from 16 August 2019.