The board of directors of Tiande Chemical Holdings Limited announced that Mr. Guo Xitian has resigned as the executive Director, the general manager and the chairman of safety and environmental protection committee of the company with effect from 1 January 2018 in order to devote more time to pursue his personal and business commitments. Mr. Guo Xitian has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announces that Mr. Zheng Mingguo has been appointed as the executive Director, the general manager and the chairman of safety and environmental protection committee of the company with effect from 1 January 2018.

The Board announces that Mr. Liu Yang has been appointed as the executive Director with effect from 1 January 2018. Mr. Zheng is a deputy general manager of the company since January 2015. Prior to joining the Group, Mr. Zheng had been working for Weifang Huaseng Enterprises Group for the period from July 1995 to November 1997.

Mr. Liu is a general manager of Weifang Common Chem Co. Ltd., an indirect wholly owned subsidiary of the company, since March 2016.