The board of directors of Shougang Fushan Resources Group Limited announced that Mr. Shi Yubao ("Mr. Shi") is appointed as a non-executive director of the Company and a member of the remuneration committee of the Company (the "Remuneration Committee") with effect from 1 September 2019. Mr. Shi held various senior positions in Chongqing Changan Industry (Group) Co. Ltd. including the chairman of its board of directors, chairman of its labour union, general manager, etc. In addition, he served as the chairman of the board of directors of Chongqing Changan Real Estate Development Co. Ltd. and Changan Minsheng APLL Logistics Co. Ltd.