The board of directors of CGN Mining Company Limited announced that with effect from 25 January 2018, Mr. Zhou Zhenxing has retired and ceased to act as a non-executive Director, the chairman of the Board and the nomination committee of the Board due to age reason. The Board also announced that with effect from 25 January 2018, Mr. Yu Zhiping has been re-designated from an executive Director and the chief executive officer of the company to a non-executive Director and the chairman of the Board. In addition, Mr. Yu has been appointed as the chairman of the Nomination Committee and will continue to be a member of the remuneration committee of the Board.

Mr. Yu is currently serving as the chairman of the nuclear fuel sector of China General Nuclear Power Corporation, chairman of CGNPC Uranium Development Company Limited and Swakop Uranium (PTY) Ltd. The Board also announced that with effect from 25 January 2018, Mr. An Junjing has been appointed as an executive Director and the chief executive officer of the Company. In addition, Mr. An has been appointed as a member of the Nomination Committee and the Remuneration Committee, respectively. Mr. An is currently serving as the general manager of the nuclear fuel sector of CGNPC and the director and general manager of CGNPC-URC.

The Board announced that with effect from 25 January 2018, Mr. Xing Jianhua resigned as an executive Director, a member of the Remuneration Committee, the vice president, the chief financial officer due to his intention to pursue other business. The Board also announced that with effect from 25 January 2018, Mr. Chen Deshao has been appointed as an executive Director, the chief financial officer and an Authorised Representative of the Company. Mr. Chen is currently serving as the chief accountant of the nuclear fuel sector of CGNPC and CGNPC-URC, respectively.