The board of directors of Chiho Environmental Group Limited announced that with effect from 14 December 2023, Mr. Zhang Wei resigned as an executive director of the Company due to job adjustment and he remains as the chief executive officer of the Company. Mr. Zhang has confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited in relation to his resignation as an executive director of the Company.