The board of directors of GCL-Poly Energy Holdings Limited announced that Mr. Jiang Wenwu has resigned as an executive director of the company with effect from 18 June 2021, as he intends to focus and devote more time to his other work commitments outside of the company and its subsidiaries. Mr. Jiang has confirmed that there is no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.