The Board of China Oil Gangran Energy Group Holdings Limited announced that Mr. Li Shu Wang (``Mr. Li'') and Mr. Zhang Shao Wu (``Mr. Zhang''), the executive Directors, and Mr. Cha Ho Wa (``Mr. Cha''), the independent non-executive Director, retired from office with effect from the conclusion of the AGM held on 29 September 2021 as they did not offer themselves for re-election at the AGM due to their other business engagement which requires more of their time. Following the retirement of Mr. Cha as the independent non-executive Director, Mr. Cha ceased to be the members of the nomination committee and remuneration committee of the Company with effect from the conclusion of the AGM held on 29 September 2021. Each of Mr. Li, Mr. Zhang and Mr. Cha has confirmed that he has no disagreement with the Board of the Company and there are no other matters that need to be brought to the attention of the Shareholders or the Stock Exchange. Each of Mr. Zhang Wenrong and Mr. Yuan Beisheng retired as the executive Director with effect from the conclusion of the AGM held on 29 September 2021 given that the resolutions numbered 4(c) and 4(d) were not passed by the Shareholders at the AGM in accordance with the amended and restated articles of association of the Company. The Board of the Company is not aware of any matter relating to the retirement of Mr. Zhang Wenrong and Mr. Yuan Beisheng that needs to be brought to the attention of the Shareholders or the Stock Exchange. Following the retirement of Mr. Zhang Wenrong as the executive Director.