Asia Resources : APPOINTMENT OF EXECUTIVE DIRECTOR

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(incorporated in Bermuda with limited liability)

The Board is pleased to announce that Mr. Liu has been appointed as an executive director of the Company with effect from 26 April 2017.

The board of directors (the "Board") of Asia Resources Holdings Limited (the "Company", together with its subsidiaries, collectively the "Group") is pleased to announce that Mr. Liu Yan Chee, James (劉恩賜) ("Mr. Liu") has been appointed as executive director of the Company with effect from 26 April 2017.

Mr. Liu, aged 47, has over 20 years of experience in finance and accounting. Since January 2014, he has been a director of Special Fine Investment and Management Ltd, a company principally engaged in fund management business. In February 1994, he graduated from Dalhousie University in Canada with a Bachelor of Commerce. Mr. Liu is an independent non-executive director of Luen Wong Group Holdings Limited (Stock Code: 8217).

A letter of appointment has been entered into between the Company and Mr. Liu in respect of his appointment as executive director commencing on 26 April 2017. Mr. Liu is not appointed for a specific term except that he is subject to retirement and re-election in accordance with the provision of the Company's bye-laws. Mr. Liu will hold office until the next general meeting of the Company and will be eligible for re-election at such general meeting in accordance with the bye-laws of the Company. He will be entitled to a monthly director's fee of HK$32,000 which is recommended by the Remuneration Committee and determined by the Board with reference to his duties and responsibilities and the prevailing market conditions.

Save as disclosed above, as at the date of this announcement, Mr. Liu does not (i) hold any other position with the Company or its subsidiaries; (ii) hold any other directorships in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iii) have any relationship with any other directors, senior management or substantial or controlling shareholders of the Company (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")).

Save as disclosed herein, Mr. Liu did not have any interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no other information relating to Mr. Liu's appointment which is required to be disclosed pursuant to Rule 13.51(2)(h) to 13.51(2)(v) of the Listing Rules and there are no other matters that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Mr. Liu in joining the Board.

By Order of the Board

Chairman

Hong Kong, 25 April 2017

As at the date of this announcement, the Board consists of five executive directors, Mr. Wu Hongquan, Mr. Huang Yilin, Mr. Chan Shi Yin, Keith, Ms. Li Yali and Mr. Zhang Zhensheng; and three independent non-executive directors, Mr. Zhang Xianlin, Mr. Kwok Hong Yee, Jesse and Mr. Ng Ping Yiu.