Haitian Energy International Limited announced the resignations of the Executive Director and the change of composition of the Compliance Committee as set out below. Mr. Zheng Xuesong has resigned as an Executive Director, Chief Executive Officer and chairman of compliance committee of the Board of the Company with effect from 24 August 2018, due to his health reasons. With effect from 24 August 2018, Mr. Lin Yang, an Executive Director and Chairman of the Board of the Company, has been appointed as the Chairman of the Compliance Committee of the Board and Chief Executive Officer of the Company.