The board of directors of China Foods Limited announced with effect from 1 January 2020 Ms. LUAN Xiuju has tendered her resignation as an executive director and the managing director of the company, and will cease to act as the chairman of the executive committee of the Board and an authorized representative of the Company; and Mr. QING Lijun has been appointed as an executive director and the managing director of the company, the chairman of the Executive Committee and an Authorised Representative of the Company under Rule 3.05 of the Listing Rules. Mr. QING joined COFCO Corporation and/or its subsidiaries July 1993 and has held various positions including the director of strategy department of COFCO Corporation during the period from July 2016 to March 2019.