China United Venture Investment Limited announced that the Board has received a letter from Mr. WU Lebin ("Mr. Wu") dated 24 July 2023, tendering his resignation as an independent non-executive director of the Company due to his other business commitments, and the resignation takes effect as of 24 July 2023. Mr. Wu has confirmed that he has no disagreement with the Board and that there are no other matters that need to be brought to the attention of the shareholders of the Company or to the attention of The Stock Exchange of Hong Kong Limited in relation to his resignation.