The board of directors of CAA Resources Limited announced that Ms. Xu Mijia has resigned as an executive Director with effect from 17 November 2020 due to internal work responsibility adjustments. Ms. Xu has confirmed that there are no matters relating to her resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board would like to take the opportunity to express its sincere gratitude to Ms. Xu for her valuable contribution to the Company during her tenure of office.