The board of directors of Shandong Gold Mining Co., Ltd. received the resignation letter from Mr. Chen Daojiang. Mr. Chen Daojiang applied to resign as the director of the Company and member of the Strategy Committee of the Company due to work arrangements. Mr. Chen Daojiang's resignation took effect upon the day which his resignation letter was delivered to the Board. The Board intended to propose Mr. Li Tao to be elected as a candidate for the executive Director of the fifth session of the Board. His term of office shall be effective from the date of approval by election at the 2019 first extraordinary general meeting and end on the expiry of the term of the fifth session of the Board. Li Tao was an assistant to mine manager, a deputy mine manager, a deputy general engineer, a deputy general manager, an executive deputy general manager to Shandong Jinzhon Group, a vice chairman, a general manager and secretary to CPC Committee of Chifeng Chaihulanzi Gold Mining Co., Ltd., the chairman of Shandong Gold Jinchuang Group, the chairman of Shandong Gold Guilaizhuang Mining Co., Ltd., the chairman of Shandong Gold Mining (Laizhou) Co., Ltd., an assistant to general manager, a deputy general manager, committee member of the party committee, a secretary to CPC Committee of Qilu Mining Business Department of the Company. He currently serves as a deputy general manager of the Company.