Jinchuan International Resources : CHANGE OF DIRECTORS AND CHANGE OF BOARD COMMITTEE MEMBERS

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JINCHUAN GROUP INTERNATIONAL RESOURCES CO. LTD

金 川 集 團 國 際 資 源 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2362)

CHANGE OF DIRECTORS

AND

CHANGE OF BOARD COMMITTEE MEMBERS

The Board announces, with effect from 31 December 2019, that:

1. Mr. Yang Jinshan and Mr. Zeng Weibing have resigned as non-executive Directors and members of the Strategy and Investment Committee of the Company; and
2. Mr. Liu Jian has been appointed as a non-executive Director and a member of the Strategy and Investment Committee of the Company.

RESIGNATION OF NON-EXECUTIVE DIRECTORS

The board (the "Board") of directors (the "Director(s)") of Jinchuan Group International Resources Co. Ltd (the "Company") announces that Mr. Yang Jinshan ("Mr. Yang") and Mr. Zeng Weibing ("Mr. Zeng") have resigned as non- executive Directors with effect from 31 December 2019 as their other business engagements require more of their dedications.

Mr. Yang and Mr. Zeng confirmed that they have no disagreement with the Board and there are no other matters in relation to their resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

1

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board is pleased to announce that, with effect from 31 December 2019, Mr. Liu Jian ("Mr. Liu") has been appointed as a non-executive Director.

Biography of Mr. Liu

Mr. Liu Jian, aged 47, obtained a bachelor's degree in Accounting from the Lanzhou University of Technology of the People's Republic of China in 2005. He is currently the deputy general manager of the Finance Department of Jinchuan Group Co. Ltd* ("JCG"), the ultimate shareholder of the Company. Since 1994, he had worked in various positions within JCG and its subsidiaries, including the deputy general manager of costing department, internal audit and risk management department of JCG, deputy general manager and financial controller of Guangxi Jinchuan Nonferrous Metals Co. Ltd*, the financial controller of Lanzhou Jinchuan Keliyuan Battery Co. Limited*, etc. He has extensive experience in financial reporting and management.

Mr. Liu has entered into a letter of appointment with the Company for a period of three years from 31 December 2019 to 31 December 2022. He is subject to retirement by rotation and re-election at the general meeting of the Company in accordance with the articles of association of the Company and the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"). Mr. Liu is not entitled to director's fee in respect of his service as a non-executive Director.

Save as disclosed above and as at the date of this announcement, Mr. Liu does not (i) hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Law of Hong Kong); (ii) have any relationship with any other directors, senior management, substantial shareholder or controlling shareholder of the Company; (iii) hold any other position with the Company or subsidiaries; and (iv) hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years, and there is no other information to be disclosed pursuant to the requirements of Rule 13.51(2) of the Listing Rules regarding his appointment as a non-executive Director.

2

CHANGE OF BOARD COMMITTEE MEMBERS

The Board further announces that, with effect from 31 December 2019:

1. Mr. Yang and Mr. Zeng have resigned as members of the Strategy and Investment Committee of the Company; and
2. Mr. Liu has been appointed as a member of the Strategy and Investment Committee of the Company.

The Board would like to extend its warm welcome to Mr. Liu for joining the Board for his appointment and express its sincere gratitude to Mr. Yang and Mr. Zeng for their valuable contributions to the Company during their term of office.

• for identification purpose only

By order of the Board

Jinchuan Group International Resources Co. Ltd

Wong Hok Bun Mario

Company Secretary

Hong Kong, 30 December 2019

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Gao Tianpeng and Mr. Qiao Fugui; four non-executive Directors, namely Mr. Zhang Youda, Mr. Yang Jinshan, Mr. Wang Qiangzhong and Mr. Zeng Weibing; and three independent non-executive Directors, namely Mr. Wu Chi Keung, Mr. Yen Yuen Ho, Tony and Mr. Poon Chiu Kwok.

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