Peking University Resources (Holdings) Company Limited announced the appointment of Mr. Hou Ruilin as an executive director of the Company. The Board announces that Mr. Guo Langhua retired from his position as an executive
Director with effect from the conclusion of the AGM in order to devote more time on his other personal engagements. Mr. Guo Langhua has confirmed that he has no disagreement with the Board, and there is no other matter relating to his retirement that needs to be brought to the attention of the Shareholders or the Stock Exchange. The Board would like to express its gratitude to Mr. Guo Langhua for his valuable contribution to the Company during his tenure of services. Mr. Hou, aged 61, has over 25 years of experience in corporate management. Mr. Hou worked at Chinese People's Armed Police Force Gold Command from August 1984 to May 1997, and his last position was the director of computer centre of Gold Research Institute. He joined Beijing Xinlei Mining Company as the deputy general manager in May 1997 and left the company in October 2002 with his last position as the chairman. He worked as the secretary of the board and office manager of CITIC Guoan Mengguli Power Co. Ltd. from January to October 2000. Mr. Hou served as the director and deputy general manager of Shandong Guoan Information Industry Co. Ltd. from October 2000 to October 2002, and as the director and general manager of the company from November 2002 until March 2022. He was also the deputy general manager of CITIC Guoan Technology Co. Ltd. from August 2007 to March 2012, and the deputy general manager of Beijing Honglian Nine Five Information Industry Co. Ltd. from May 2015 to March 2022. Mr. Hou obtained a bachelor's degree in mechanization from the College of Mining Engineering of Taiyuan University of Technology in 1984.