Halcyon Agri Corporation Limited announced a leadership change, re-designating Mr. Sun Weiliang as the Company's new Chief Executive Officer. Mr. Sun will succeed Mr. Li Xuetao, who will step down from his role as Executive Director and Chief Executive Officer. The change takes place with immediate effect.

Mr. Li will be assuming other responsibilities as assigned by the Company's controlling shareholder, the Hainan Rubber Group ("HRG"). This leadership change is consistent with HRG's strategic developments and needs, and will provide the synergy to propel HRG and Halcyon Agri to future growth. Mr. Sun brings with him extensive experience in the agriculture industry in various leadership capacities.

Prior to joining the Company, he served as the Chief Financial Officer of HRG. In his role as CEO, Mr. Sun will be in charge of formulating and executing the group's business strategy and overseeing its day-to-day management. He will work closely with the Board of Halcyon Agri and its management team to ensure the effective implementation of business plans.