The board of directors of China Agri-Products Exchange Limited announced that Mr. Ng Yat Cheung (?Mr. Ng?) has resigned as an independent non-executive Director with effect from 15 April 2024 to devote more time to his other business commitments. Immediately upon the aforesaid resignation of Mr. Ng, the Board also announced that with effect from 15 April 2024, the composition of the audit committee, the nomination committee and the remuneration committee of the Company will be changed as follows: Mr. Ng has ceased to be the chairman of Remuneration Committee and a member of each of Audit Committee and Nomination Committee; and Mr. Li Yin Quan has been appointed as the chairman of the Remuneration Committee.