The Board of directors of China Uptown
Group Company Limited
announced that Mr. Liu Feng has tendered his resignation to the Board as the
chairman of the Board and an executive Director, and Mr. Liu Zhongxiang has
tendered his resignation to the Board as an executive Director with effect from 28 January
2022 and appointed Mr. Pan Shimin as an executive Director and the chairman of the Board with effect from 28 January 2022. Pan Shimin was a director of the light metals department of HATCH Project Consulting (Shanghai) Co. Ltd. from August 2011
to September 2014. He served as the director of Asia Pacific affairs and the general manager
of Brochot (Tianjin) Metallurgical Equipment Manufacturing Co. Ltd. from October 2014 to
May 2015. He has been the general manager of the mineral resources department of Beijing
Qixing Supply Chain Management Co. Ltd. in 2019.