The board of directors of Wesizwe Platinum Limited announced that due to operational requirements, Mr. Zhimin Li will step down from his position as chief executive officer of the company with effect from 4 May 2022. Shareholders are further announced that Mr. Wang Honglie has been appointed as chief executive officer of the company with effect from 4 May 2022. Mr. Wang Honglie holds a bachelor's degree in Engineering, with a major in Mining and Mechanical Engineering.

He has 34 years of experience in the mining industry and served as the deputy mine manager of Jinchuan Group's Second Mine, head of Jinchuan Group Machinery Factory (currently named Jinchuan Group Machinery Manufacturing Co. Ltd), deputy mine manager of Jinchuan Group Longshou Mine, deputy general manager of Jinchuan Group Equipment & Energy Division and deputy general manager of Jinchuan Group Mining Engineering Subsidiary.