The board of directors of China Daye Non-Ferrous Metals Mining Limited announced that Mr. Long Zhong Sheng has submitted a retirement application to the Company to resign as an executive Director and the chief executive officer of the Company with effect from 27 September 2023 due to reaching the retirement age. Mr. Long also resigned as the authorized representative of the Company. The Board also announced that Mr. Zhang Guangming has been appointed as the Chief Executive Officer and the Authorised Representative with effect from 27 September 2023.

Mr. Zhang Guangming, aged 46, has been an executive Director since 2022. He graduated from the School of Economics and Trade of Hubei University majoring in foreign related accounting with a bachelor's degree in 2000 and is a senior accountant. From July 2000 to March 2004, he served as an accountant of Financial Department of Tonglvshan Mine of Daye Non-Ferrous Metals Co.

Ltd. (Daye Metal), a subsidiary of the Company, and served as the head of Treasury Division of Financial Department from January 2010 to May 2011, a deputy director of Financial Department from January 2018 to August 2018, a supervisor from April 2019 to January 2021 and from January 2022 to July 2022, and a member of the Party Committee, secretary of the Party Committee, director, chairman and legal representative since July 2022. He served as an accountant of Cost Section of Financial Department from March 2004 to March 2006, a deputy head of Finance Section of Transportation Department from March 2006 to December 2006, a deputy head of Treasury Section of Financial Department from December 2006 to June 2008, a head of Treasury Section of Financial Department from June 2008 to January 2010, a budget supervisor of Financial Assets Department from May 2011 to May 2013, a deputy director of Financial Assets Department from May 2013 to January 2018, a deputy director of Financial Department from August 2018 to January 2019, a deputy director of Capital Operation Department from January 2019 to April 2019, a deputy director of Capital Operation Department from April 2019 to January 2022, a director of Corporate Development Department from January 2022 to July 2022, and secretary to the board of directors since May 2020 at Daye Non-Ferrous Metals Group Holdings Company Limited, which is the controlling shareholder of the Company. From May 2014 to January 2019, he served as a director of Non-Ferrous Mining Group Finance Company Limited, a subsidiary of CNMC, which is the controlling shareholder of the Company, and a supervisor since September 2019.

From May 2014 to August 2018, he served as a director of Great Yangtze River Environmental Engineering Technology Co. Ltd., a subsidiary of the Parent Company. From January 2018 to January 2019, he served as a director of Daye Non-Ferrous Xincheng Copper Co.

Ltd. and a supervisor of Huangshi Shengxiang Copper Co. Ltd. and Xinjiang Huangjin Investment Co. Ltd., which are subsidiaries of the Parent Company.

From January 2018 to July 2022, he served as the chairman of the board of supervisors of Jiangsu Weixiang Technology Company Limited, a subsidiary of the Parent Company. Mr. Zhang served as a deputy general manager of Daye Non- Ferrous Metals Guangzhou Asset Management Co. Ltd., a subsidiary of the Parent Company, from January 2019 to April 2019, and an executive director from April 2019 to January 2021.

He served as a deputy general manager from January 2019 to April 2019, and director, chairman, general manager from April 2019 to January 2021 at Daye Non-Ferrous Metals Group Investment Co. Ltd. From January 2019 to September 2019, he served as a director of Foshan Dajiang Copper Business Co. Ltd., a subsidiary of the Parent Company.

From April 2019 to January 2021, he served as a director of Daye Non-Ferrous Greentown Real Estate Development Co. Ltd., a subsidiary of the Parent Company. Since July 2022, he served as a director of Corporate Development Department of the Company.

Mr. Zhang has been engaged in the non-ferrous metals industry for over 20 years and has extensive experience in areas relating to accounting and finance.