The board of directors of CPMC Holdings Limited announced that with effect from 18 January 2022, (i) Mr. Chen Qianzheng has resigned as a non-executive Director and a member of the risk management committee (the "Risk Management Committee") of the Company due to work re-designation; and (ii) Mr. Li Minghua has resigned as a non-executive Director due to work re-designation. Each of Mr. Chen Qianzheng and Mr. Li Minghua has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Company. The Board announced that with effect from 18 January 2022, (i) Dr. Zhao Wei ("Dr. Zhao") has been appointed as a non-executive Director; and (ii) Mr. Meng Fanjie ("Mr. Meng") has been appointed as a non-executive Director and a member of the Risk Management Committee.