YCIH Green High-Performance Concrete Company Limited announced that due to work rearrangement, each of Mr. Lu Jianfeng, an executive Director and Ms. Hu Zhurong, an executive Director (employee Director) of the second session of the Board, submitted written resignations to the Board on March 28, 2024, resigning from their respective positions as the executive Directors and the members of the special committees of the Board respectively. In accordance with the Company Law and the Articles of Association, the relevant resignations shall become effective from the date of the delivery of the written resignations to the Board. After his resignation becomes effective, Mr. Lu Jianfeng will also cease to serve as the authorized representative of the Company in accordance with Rule 3.05 of the Hong Kong Listing Rules.

After the abovementioned resignations become effective, the number of the Board members will be reduced from 9 to 7, which will not fall below the statutory minimum number of the Board members stipulated in the Company Law, and the composition of each special committee of the Board still complies with the Hong Kong Listing Rules and the Company's working rules on relevant special committees. The resignations of Mr. Lu Jianfeng and Ms. Hu Zhurong will not have any impact on the normal operation of the Company. The Board announces that, following the resignation of Mr. Lu Jianfeng, Mr. Zhang Long, an executive Director, has been appointed as the authorized representative of the Company pursuant to Rule 3.05 of the Hong Kong Listing Rules, to fill the vacant position with effect from March 28, 2024.