The board of directors of Silk Road Energy Services Group Limited announced that with effect from 1 January 2021, Mr. Chen Youhua has resigned as an executive director of the Company. Mr. Chen has tendered his resignation as an Executive Director with effect from 1 January 2021, in order to devote more time to his other business engagements. Following his resignation, Mr. Chen will remain as a director of certain subsidiaries of the Company. Mr. Chen has confirmed to the Company that, in relation to his resignation, he has no disagreement with the Board; and there is no matter that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.