The board of directors of Denox Environmental & Technology Holdings Limited announced that Mr. Li Min has resigned as an independent non-executive Director with effect from 28 June 2024 as Mr. Li would like to devote more time to his other business commitments. The board announced that Dr. Wang Xueqian has been appointed as an independent non-executive Director with effect from 28 June 2024. Dr. Wang, aged 48, has extensive experience in the field of environmental engineering, particularly in areas of waste gas purification, resource utilization, and metallurgical solid waste management, as well as in leading and directing impactful research projects.

He is currently a professor and doctoral supervisor at the School of Environmental Science and Engineering, Kunming University of Science and Technology. He was appointed as a Changjiang Scholar by the Ministry of Education of the People's Republic of China in 2023 and named as a Yunling Scholar supported by the Yunnan Provincial Talented Person Planin 2022. He has also been identified as a young and middle-aged academic and technical leader in Yunnan Province in 2020.

Dr. Wang focuses his research on the purification and resource utilization of metallurgical and chemical waste gases, as well as the disposal and resource utilization of metallurgical solid waste. He has led more than 30 research projects, including National 863 Program projects, National Key R&D Program projects, National Natural Science Foundation of China projects, Provincial and Ministerial-level scientific research projects, and enterprise-commissioned projects. Dr. Wang has published over 150 papers, with more than 60 papers published as first or corresponding author in SCI-indexed journals.

He has also published 1 monograph, obtained 62 authorized invention patents (including 3 international patents), and is the first inventor on 35 China invention patents. Dr. Wang received 1 National Technology Invention Award (Second Class) and 11 provincial and ministerial-level First-Class Awards for his research achievements. Dr. Wang also participated in the development of 4 national and group standards.

Dr. Wang's research achievements have been widely applied in various industries, achieving significant social and economic benefits and promoting the green, low-carbon, and sustainable development of the metallurgical and chemical industries in China. Dr. Wang obtained a bachelor's degree in environmental engineering from China University of Mining and Technology in 1998, a master's degree in environmental engineering from Kunming University of Science and Technology in 2001, and a doctorate degree in environmental engineering from Kunming University of Science and Technology in 2007. The Board further announced that following the resignation of Mr. Li as an independent non- executive Director, he also ceased to be the chairman of the Remuneration Committee and a member of each of the audit committee and the nomination committee of the Board with effect from 28 June 2024.

Dr. Wang has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from 28 June 2024.