Tibet Water Resources Ltd. announced that given that the Resolutions at the AGM, Mr. WANG Dong as an executive Director were not passed at the Annual General Meeting, Mr. WEI Zhe Ming, Mr. XU Liang, Ms. GUO Kun Kun each retired as a non-executive Director and Mr. WANG Dong retired as an executive Director upon conclusion of the Annual General Meeting. Following the retirement as an executive Director, Mr. WANG Dong ceased to be a member of each of the Nomination Committee and the Remuneration Committee. Mr. WANG Dong will remain as the chief executive officer of the Company.