The board of directors of CMOC Group Limited announced that Mr. Li Hongwei ("Mr. Li") has tendered his resignation to the supervisory committee of the Company (the "Supervisory Committee") due to personal work arrangement and will resign as the staff representative supervisor of the Company (the "Supervisor") with effect from 10 December 2024. Mr. Li confirmed that he has no disagreement with the Supervisory Committee and the Board during the term of his office and there is no matter in relation to his resignation that needs to be brought to the holders of securities of the Company or The Stock Exchange of Hong Kong Limited. The Board is pleased to announced that, at the staff representatives general meeting of the Company (the "Staff Representatives General Meeting") held on 10 December 2024, Mr. Luo Yunxiang ("Mr. Luo") was appointed by the staff representatives of the Company to be the new Supervisor with effect from the date of this announcement.
Particulars of Mr. Luo are as follow: Mr. Luo, born in 1981, graduated from the School of Management of Guangxi Minzu University with a master's degree. From 2012 to 2023, he successively served as the senior investigation manager of the investigation team of Walmart's China headquarter, an intelligence expert and security operation expert in Alibaba Group, and the general manager of the security affairs center of JDDigits. Since August 2024, he has been the person in charge of the anti-corruption department of the Company.
Mr. Luo has a wealth of management experience in corporate anti-corruption, risk control and compliance.
