The board of directors of AAG Energy Holdings Limited announced that with effect from 26 March 2021, Dr. Cui has resigned as a non-executive Director and a member of the Strategic Development Committee with effect from 26 March 2021 due to his other work commitments. With effect from 26 March 2021, Mr. Yan has been appointed as a member of the Strategic Development Committee and Dr. Cui ceased to be a member of the Strategic Development Committee.