Future Bright Mining Holdings Limited announced that Ms. Bao Rongrong (Ms. Bao) and Mr. Yang Xiaoqiang (Mr. Yang) have tendered their resignation as executive Directors with effect from 1 April 2024 due to their other business engagements. The board announced that Mr. Xue Yunfei (Mr. Xue) and Mr. Sun Hailong (Mr. Sun) would be appointed as the executive directors with effect from 1 April 2024. Mr. Xue, aged 49, has been appointed as the chief executive officer of the Company on 26 January 2024.

Mr. Xue obtained a bachelor's degree in economics from the Inner Mongolia College of Finance and Economics (currently known as the Inner Mongolia University of Finance and Economics) in July 2000. He obtained a master's degree in law from the China University of Political Science and Law in January 2008, a master's degree in business administration from the Inner Mongolia University in January 2012, and a master's degree of science in Chinese environmental studies from the Hong Kong Metropolitan University in March 2024. Mr. Xue previously worked in various departments in the Inner Mongolia Branch of the Bank of China from July 2011 to January 2023, in which his last position was the general manager of the settlement center of the Inner Mongolia Branch of the Bank of China.

Mr. Xue was named the Model Worker (Advanced Worker) of the Inner Mongolia Autonomous Region) in April 2015 and awarded the National Finance May 1st Labour Medal in March 2016. Mr. Sun, aged 38, obtained a degree in accounting from the Inner Mongolia University of Technology in June 2010. Mr. Sun previously worked as the capital supervisor and manager in the finance department of Inner Mongolia Lianchuang Investment Co.

Ltd. from March 2011 to February 2016. He was engaged in the supply chain finance between upstream and downstream supply of coal trading business from March 2016 to June 2022. Since June 2022, Mr. Sun has been working as the director and general manager in Inner Mongolia Main Pacific Energy Company Limited in which he is responsible for the coals trading business of the subsidiary.