China Carbon Neutral Development Group Limited Announces Resignation of Chen Lei as Executive Director

China Carbon Neutral Development Group Ltd is an investment holding company principally engaged in the civil engineering and construction businesses. The Company is mainly engaged in the civil engineering works and building construction and maintenance works. The Company is also engaged in the business related to the field of carbon neutrality. On the one hand, it develops basic industry field of negative carbon emission, and develops negative carbon emissions businesses such as carbon capture, utilization and storage (CCUS) and forest carbon sink. On the other hand, it develops the carbon credit and asset development, operation management and investment in carbon neutral related fields, as well as carbon consulting and carbon neutral planning.