CL Group (Holdings) Limited announced resignation of Hu Chao as independent non-executive director, chairman of the nomination committee and member of audit committee of the Company with effect from April 1, 2022. Song Guangyuan has been appointed as independent non-executive director, chairman of nomination committee and member of audit committee of the Company with effect from April 1, 2022. Mr. Song, aged 52, holds a Bachelor Degree in Mineral Engineering from Northeastern University.

Mr. Song has extensive experience in asset valuation and cross-border acquisition. Mr. Hu is currently the general manager of Jiangxi Taishing Industrial Co. Ltd.