Axington Inc. announced the resignation of Shen, Che as an Non-Independent Non-Executive Chairman and a member of the Remuneration Committee. Ms Shen has tendered her resignation as an Non-Independent Non-Executive Chairman of the Company on 29 August 2020. Ms Shen's resignation has been noted and accepted by the board of directors (the "Board") on 30 August 2020 and the Board has unanimously agreed that her resignation has been effective from 30 August 2020.