Smartac International Holdings Limited announced that Mr. Ho Chi Kin has tendered his resignation as an executive Director of the company, a member of each of the nomination committee and remuneration committee of the Board with effect from April 23, 2021. The Board further announced that Mr. Yang Xin Min has been appointed as a member of the nomination committee with effect from April 23, 2021. Mr. Yang, aged 71, senior economist, is the Executive Director, founding chairman and substantial shareholder of the company. Mr. Yang graduated from the Beijing Economics Correspondence College. Since August 1977, Mr. Yang has been the general manager of all predecessor entities of the company and its subsidiaries. Mr. Yang has over 40 years' experience in the research, production management and international market development of zirconium chemicals.