Taizhou Water Group Co., Ltd. announces that Mr. Sun Hua ("Mr. Sun") has tendered his resignation as non-executive director and a member of the strategy committee of the Board due to change of personal job assignments. Mr. Zheng Jianzhuang ("Mr. Zheng") has also tendered his resignation as independent non-executive director and a member of each of the remuneration committee, nomination committee and strategy committee of the Board. The resignation of each of Mr. Sun and Mr. Zheng will take effect from the date of the Company's next general meeting.