Lingbao Gold Group Company Ltd. announced that Mr. Dai Weitao Chairman of the Supervisory Committee, has tendered his resignation as the chairman and a supervisor of the sixth session of the Supervisory Committee with effect from 17 March 2021, due to his intention of serving as a director of the seventh session of the Board (whereas any director shall not hold concurrent office as a supervisor in accordance with relevant laws and regulations and the articles of association of the Company).