The board of directors of Hong Kong Resources Holdings Company Limited announced that Mr. Wu Xiaolin resigned as an executive Director and chairman of the Nomination Committee of the Company with effect from 28 August 2018 due to his other personal and business commitments. Mr. Wu confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board further announces that with effect from 28 August 2018, Mr. Xu Zhigang an executive Director and chief executive officer of the Company was appointed as the chairman of the Nomination Committee.