The board of directors of China Resources and Transportation Group Limited announced that Ms. Xu Hui ("Ms. Xu") has been appointed as an independent non-executive Director, the Chairman of Audit Committee, a member of Nomination Committee and a member of Remuneration Committee of the Company
with effect from 5 December 2022 ("Ms. Xu's Appointment"). Ms. Xu Hui, aged 47, graduated from Shenzhen University with a bachelor's degree in finance
in 2002 and obtained the qualification of accountant in 2002. Ms. Xu has 20 years of experience in the financial accounting and auditing industry. Ms. Xu
joined Guangdong Qianfutian Certified Public Accountants Co. Ltd. in October 2015 and is currently the deputy chief accountant and deputy general
manager. Ms. Xu was deputy general manager of Zhanjiang Qianfutian Certified Tax Agents Co. Ltd. from December 2011 to September 2014,
and the manager of finance and tax consulting department of Zhanjiang Qianfutian Investment Consulting Co. Ltd. from July 2006 to November 2011.