The board of directors of JX Energy Ltd. announces that, with effect from 1 August 2023, (i) The Honourable Mr. Richard Dale Orman ("Mr. Orman'') has tendered his resignation as an independent non-executive Director, the chairman and a member of the remuneration committee of the Company (the "Remuneration Committee'') and a member of the audit and risk committee of the Company (the "Audit and Risk Committee''); and (ii) Mr. Peter David Robertson ("Mr. Robertson'') has tendered his resignation as an independent non-executive Director, the chairman and a member of the Audit and Risk Committee and a member of the nomination committee of the Company (the "Nomination Committee''), as each of them would like to devote more time to pursue their personal business ventures. The Board announce that, with effect from 1 August 2023, Mr. Clement Ka Hai Hung (formerly known as Hung Yu Sum Clement ("Mr. Hung'') has been appointed as an independent non-executive Director, and Mr. Zhanpeng Kong ("Mr. Kong'') has been appointed as an independent non-executive Director. Mr. Hung, aged 68, had served Deloitte China for 31 years where he had assumed various leadership roles before he took up the chairman role of Deloitte China from 2014 to 2016. He retired from the chairman role of Deloitte China with effect from June 2016. While working with Deloitte China, Mr. Hung had assumed various leadership roles, including acting as the office managing partner of Deloitte Shenzhen office and Guangzhou office, a member of the China management team of Deloitte China,
southern audit leader and deputy managing partner of the southern region of Deloitte China (including the regions of Hong Kong, Macau, Shenzhen, Guangzhou and Xiamen). Mr. Hung obtained a bachelor of arts degree in accountancy studies from the University Huddersfield, United Kingdom in July 1980. Mr. Hung was appointed as (i) an honourary consultant of the Hong Kong Business Accountants Association in July 2014; (ii) an honourary member of the Shenzhen Institute of Certified Public Accountants in January 2004; (iii) a consultant of the Guangzhou Institute of Certified Public Accountants in August 2004; (iv) a member of the Shenzhen Luohu Committee of the Chinese People's Political Consultative Conference in January 2006; and (v) a consultant of the Ministry of Finance of the People's Republic of China in June 2016. Mr. Hung is a life member of The Institute of Chartered Accountants in England and Wales. Mr. Hung is serving as a director of each of the following companies whose shares are listed on the Stock Exchange: an independent non-executive director of Gome Finance Technology Co. Ltd. since 31 October 2016; a non-executive director of High Fashion International Limited since 1 December 2017; an independent non-executive director of China East Education Holdings Limited since 25 November 2018; an independent non-executive director of Aoyuan Healthy Life Group Company Limited since 22 February 2019; an independent non-executive director of Huarong International Financial Holdings Limited since 13 December 2019; an independent non-executive director of Hong Kong Aerospace Technology Group Limited since 16 July 2023; and an independent non-executive director of Skyworth Group Limited since 18 March 2020. Mr. Hung has served, in the past three years, as a director of each of the following companies: an independent non-executive director of Tibet Water Resources Ltd. December 2019 to 30 June 2021; and an independent non-executive director of SY Holdings Group Limited from 19 June 2017 to 15 July 2022. Biographical details of Mr. Kong: Mr. Kong, aged 59, served as the chief executive officer of Global Bio-chem Technology Group Company Limited, a company whose shares are listed on the Main Board of the Stock Exchange, from October 2015 to October 2018. Previously, he served as the chairman and an executive director of Global Sweeteners Holdings Limited, a company whose shares are listed on the
Main Board of the Stock Exchange, from September 2007 to December 2018, and as its chief executive officer from May 2014 to October 2015. Mr. Kong graduated from the China Textile University with a bachelor's degree in textile engineering in July 1985 and a diploma in international trade from the China Textile University in July 1986. The Board announces that, with effect from 1 August 2023, (i) Mr. Hung has been appointed as the chairman and a member of the Audit and Risk Committee and a member of the Nomination Committee;
(ii) Mr. Kong has been appointed as a member of the Audit and Risk Committee and the Remuneration Committee; and (iii) Mr. Larry Grant Smith has been appointed as the chairman of the Remuneration Committee.