Halcyon Agri Corporation Limited announced that Mr. Li Xuetao will step down from his role as Executive Director. The change takes place with immediate effect. Mr. Li will be assuming other responsibilities as assigned by the Company's controlling shareholder, the Hainan Rubber Group ("HRG"). This leadership change is consistent with HRG's strategic developments and needs, and will provide the synergy to propel HRG and Halcyon Agri to
future growth.