The board of directors of Hong Kong Resources Holdings Company Limited announced that with effect from 12 June 2019, Mr. Lam Kwok Hing Wilfred ("Mr. Lam") has resigned as an executive Director of the Company due to his other personal and business commitments; and Mr. Zhao Jianguo ("Mr Zhao") has resigned as an executive Director of the Company due to his other personal and business commitments. The Board announced that with effect from 12 June 2019, Mr. Li Ning (Mr. Li) has been appointed as an executive Director and chairman of the Board. With effect from 12 June 2019, Mr. Lam has ceased to be an authorized representative of the Company and Ms. Dai Wei, the executive Director has been appointed as an authorised representative of the Company for the purpose of the Listing Rules.