The board of directors of China Graphene Group Limited announced that Mr. Yuan Li Min has tendered his resignation as an executive director, deputy chairman and chief executive officer of the company with effect from 16 January 2018 due to his workload reasons and his desire to devote more time to his family. In the meantime, the former role and responsibility of Mr. Yuan as the chief executive officer of the company would be temporarily performed by the existing management of the Group.