The board of directors of Rosan Resources Holdings Limited announced that Mr. Dong Cunling has resigned as the chairman of the Board and Mr. Bao Hongkai has been appointed as the Chairman and an executive director of the Company with effect from 14 April 2020. Dong will remain as an Executive Director. Mr. Bao was the chairman and executive director of the Company during the year 2006 to year 2010. He used to be as a coal mine technical adviser and the safety supervisor. Mr. Bao has more than 20 years of experience in coal mining industry in the PRC.