The board of directors of China Resources and Transportation Group Limited announced that Mr. Tsang Kam Ching, David ("Mr. Tsang") has resigned as the executive Director and the authorized representative (the "Authorized Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from the date of this announcement due to his other personal commitments which require more of his dedication and time commitment. Mr. Tsang confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.