The board of directors of Kunming Dianchi Water Treatment Co., Ltd. announced that due to health reasons, Ms. Guo Yumei an executive director of the company, submitted a resignation letter to the Board on 10 August 2021, resigning her position as an executive Director, chairperson of the Board, chairperson of the strategy and investment decision committee, member of the nomination committee and member of the remuneration and appraisal committee of the company. As considered and approved by the company at the 114th meeting of the first session of the Board held on 10 August 2021, Mr. Zeng Feng ("Mr. Zeng") was proposed to serve as an executive director of the first session of the Board of the company, and a resolution of the proposed appointment of Mr. Zeng to serve as an executive director of the company will be proposed at the extraordinary general meeting for consideration and approval by the shareholders of the company (the "Shareholders"). The proposed appointment will be subject to approval by the Shareholders at the extraordinary general meeting by way of ordinary resolution. Mr. Zeng Feng also obtained the accounting professional and technical qualification certificate in October 1994. The appointment of Mr. Zeng as an executive director of the company will become effective after the approval of the resolution of his appointment by the Shareholders at the extraordinary general meeting.