CITIC Resources Holdings Limited announced that Mr. Suo's retirement, Mr. Sun Yufeng, an executive Director and the Chairman has assumed the additional role of CEO. with effect from 30 September 2022. Mr. Sun Yufeng, aged 57, joined in 2019 as an executive Director and the Chairman.

He is the chairman of the nomination committee of the Company and a member of the Risk Management Committee. He is also a director of several subsidiaries of the Company. He is responsible for the strategic and corporate development, management and operations of the Group.

Mr. Sun holds a bachelor's degree in English Literature from the Shanghai International Studies University and a master's degree in Business and Administration from the University of Delaware in the United States. Mr. Sun has acted as the vice chairman and general manager of CITIC Metal Group Limited since 2016. Mr. Sun is a non executive co-chairman of Ivanhoe Mines Ltd., a company listed on the Toronto Stock Exchange and OTC Markets.

He also holds directorships in several metal mining processing and trading companies, including Western Superconducting Technologies Co. Ltd. and Companhia Brasileira de Metalurgia e Mineração (CBMM) etc. Mr. Sun was a director of MMG South America Management Company Limited, a Joint venture which owns Las Bambas copper mine project, from April 2014 to June 2019.

Mr. Sun joined CITIC Group Corporation in 1987 and CITIC Metal Co. Ltd. in 1999, where he served as General Manager and Chairman of CITIC Metal Co. Ltd. respectively between 2003 and 2016.

Mr. Sun has over 35 years' experience in business management and investment.