C&D Newin Paper & Pulp Corporation Limited announces that Ms. Shi Chenye has tendered her resignation as an executive Director and the vice chief executive officer of the Company with effect from 8 August 2023 to focus on her other business engagements; and Mr. Li Shengfeng has tendered his resignation as a non-executive Director with effect from 8 August 2023 to focus on his other business engagements.