Gansu Energy Chemical announced that due to personal job adjustments and the company's management needs, the company's board of directors removed Su Tongheng from the post of general manager, and Su Tongheng is still the company's director and member of the Strategic Development Committee; after nomination by the chairman and review by the nomination committee, Liu Changping was appointed as the company's general manager for the same term as the current board of directors. The current general manager change complies with relevant regulations and will not have a significant adverse impact on the company's governance, daily operations and solvency.

Gansu Energy Chemical announced that due to personal job adjustments and the company's management needs, the company's board of directors removed Su Tongheng from the post of general manager, and Su Tongheng is still the company's director and member of the Strategic Development Committee; after nomination by the chairman and review by the nomination committee, Liu Changping was appointed as the company's general manager for the same term as the current board of directors. The current general manager change complies with relevant regulations and will not have a significant adverse impact on the company's governance, daily operations and solvency.