The board of China Chengtong Development Group Limited announced that Mr. Wang Daxiong (Mr. Wang) resigned as a non-executive Director with effect from 11 January 2023 due to his other job arrangement. Upon his resignation as a non-executive Director, Mr. Wang will cease to be a member of the audit committee of the Board and the chairman of the environmental, social and governance committee of the Board (ESG Committee). The Board also announced that with effect from 11 January 2023, Mr. Yang Tianzhou (Mr. Yang) and Mr. Gu Honglin (Mr. Gu), both of whom are existing executive Directors, have been appointed as the chairman and a member of the ESG Committee respectively.

The ESG Committee comprises Mr. Yang as the chairman, Mr. Gu and Professor He Jia, an independent non-executive Director, as members with effect from 11 January 2023.