The board of COFCO Meat Holdings Limited announces that, with effect from 21 November 2018, Dr. Chen Huanchun has resigned as an independent non-executive director of the company and ceased to be the chairman and a member of the Food Safety Committee and a member of the Nomination Committee; Dr. Ju Jiandong has been appointed as an independent non-executive director of the company and a member of the Nomination Committee; Mr. Xu Jianong, an existing executive director of the company, has been appointed as the chairman of the Food Safety Committee; and Ms. Yang Hong, an existing non-executive director of the Company, has been appointed as a member of the Food Safety Committee. Dr. Ju Jiandong is a Unigroup Chair Professor at the PBC School of Finance, Tsinghua University, the director of the Center for International Finance and Economics Research of the PBC School of Finance and a distinguished professor under the Yangtze River Scholars Programme of the Ministry of Education of China.