TL Natural Gas Holdings Limited announced that as Mr. Liu Chunde has decided to retire and did not offer himself for re-election as an executive Director due to his other work commitments, Mr. Liu Chunde retired as an executive Director with effect from the conclusion of the AGM. The Board further announces that Mr. Liu Yong Sheng ("Mr. Liu") was appointed as an executive Director with effect from the conclusion of the AGM. Mr. Liu, aged 51, has over 25 years of working experience.

He is the younger brother of Mr. Liu Yong Cheng and elder brother of Mr. Liu Yong Qiang. Mr. Liu Yong Sheng has been appointed as a deputy general manager of Tonglin Gas since January 2022. Prior to joining Group, Mr. Liu worked in Guangzhou Tongde Village Committee from June 1993 to June 1996.

He served as the general manager of Guangzhou Dexin Property Development Co. Ltd. from June 1996 to March 2019, the general manager of Guangzhou Helin Energy Investment Co. Ltd. from April 2019 to August 2020, the general manager of Weimin Medical Instrument (Guangzhou) Co.

Ltd. from September 2020 to December 2021. Mr. Liu Yong Sheng also served as the executive director and general manager of Guangzhou Zhisheng Property Management Co. Ltd. since March 2021.

Mr. Liu Yong Sheng completed an adult continuing education course at South China University of Technology studying computer and application in the PRC in October 1990. Mr. Liu was the person in charge of the Baogang Branch of Guangzhou Guangde Property Management Co. Ltd. (now known as Guangzhou Zhisheng Property Management), the business license of which has been revoked since 9 October 2003.