China Conch Venture Holdings Limited announced that with effect from 26 June 2023: Mr. YU Kaijun has resigned as a non-executive Director, a member of the Remuneration and Nomination Committee and a member of the Strategy, Sustainability and Risk Management Committee; and Mr. LIU Yan has been appointed as a non-executive Director, a member of the Remuneration and Nomination Committee and a member of the Strategy, Sustainability and Risk Management Committee. Mr. Liu, aged 57, possesses extensive experience in corporate management. Mr. Liu has been an executive director of China National Building Material Company Limited since December 2022, a director of Xinjiang Tianshan Cement Co.

Ltd. since November 2022, a director of Gansu Qilianshan Cement Group Co. Ltd. since November 2022, the deputy secretary of the Party Committee of CNBM since September 2022, a director of China Jushi Co. Ltd. since September 2022 and the chairman of the board of directors of Sinoma International Engineering Co.

Ltd. since July 2020. Mr. Liu was the vice chairman of the board of directors of Tianshan Cement from November 2022 to March 2023, the vice president of CNBM from May 2018 to September 2022, the vice president of China National Materials Co. Ltd. from March 2010 to May 2018 and the chairman of the board of directors of Sinoma Advanced Materials Co.

Ltd. from January 2010 to December 2020. He was the president of Sinoma Science & Technology Co. Ltd. from May 2003 to October 2009, a vice president of Sinoma Science & Technology from December 2001 to May 2003 and an associate dean of Nanjing Fiberglass R&D Institute Co.

Ltd. from November 1999 to December 2001. He served successively as an assistant to the general manager, vice general manager and general manager of the Second Engineering Institute of Nanjing Fiberglass R&D Institute Co. Ltd. of the State Bureau of Building Materials Industry and at the same time the deputy general manager of Nanjing Shuangwei Industrial Co.

Ltd. from August 1985 to June 1999. Mr. Liu received a bachelor's degree in silicate engineering from Nanjing Tech University in July 1985 and a master's degree in inorganic non-metallic materials engineering from Nanjing Tech University in December 2006. He is a senior engineer and enjoys a special government allowance approved by the State Council.

Mr. Liu was awarded the Outstanding Entrepreneur of the Building National Materials Industry.