Shandong Gold Mining Co., Ltd. announced that upon the conclusion of the EGM, Mr. Wang Peiyue and Mr. Li Tao have retired from their positions as executive Directors, Mr. Gao Yongtao, Mr. Lu Bin and Ms. Hui Wing have retired from their positions as independent non-executive Directors. Each of them has confirmed that they have no disagreement with the Board and there is no matter relating to their retirement that needs to be brought to the attention of the Shareholders or the Hong Kong Stock Exchange. Mr. Liu Qin and Mr.Wang Shuhai were also elected as non-independent Directors of the sixth session of the Board. The Board is pleased to announce that Mr. Liu Qin, Mr.Wang Shuhai and Mr. Tang Qi were elected as executive Directors of the sixth session of the Board while Mr. Li Guohong, Mr. Wang Lijun and Ms. Wang Xiaoling were elected as non-executive Directors of the sixth session of the Board. The Board announced that Mr. Li Guohong and Mr. Liu Qin were respectively elected as the chairman and vice-chairman of the sixth session of the Board, with a term commencing from the date of this announcement and terminating upon the expiry of the sixth session of the Board. The term of each of Mr. Li Guohong, Mr. Wang Lijun, Ms. Wang Xiaoling, Mr. Liu Qin, Mr. Wang Shuhai and Mr. Tang Qi as Directors is three years, commencing from the date of this announcement and terminating upon the expiry of the sixth session of the Board.