The board of directors of China Sanjiang Fine Chemicals Company Limited announced that Mr. GUAN Jianzhong has tendered his resignation as an executive Director and chairman of the Board due to other work commitments in Mainland China with effect from 18 September 2020. Upon his resignation, Mr. Guan will also cease to be a member of the remuneration committee, a member and the chairman of the nomination committee. Following the resignation of Mr. Guan as the chairman of the Board, Ms. HAN Jianhong, an executive Director, has been appointed as the chairlady of the Board, a member of the remuneration committee, a member and the chairman of the nomination committee with effect from 18 September 2020. Ms. HAN Jianhong, aged 45, is an executive Director. Ms. Han is one of the founders of the Group. She is primarily responsible for the overall management and strategy and overseeing legal matters and investor relations of the Group. Ms. Han has over 25 years of experience in the chemical industry.