The board of directors of Peking University Resources (Holdings) Company Limited announced that Mr. Zeng Gang (Mr. Zeng) resigned as an executive director of the company and the authorised representative of the company with effect from 12 November 2021 due to his other personal pursuits and business commitments. Further, Ms. Chan Ling Na, as the alternate authorised representative of the company with respect to Mr. Zeng under Rule 3.06 of the Listing Rules, will cease to act as the Alternate Authorised Representative with effect from 12 November 2021.