The Board of China XLX Fertiliser Ltd. announced that with effect from 18 March 2019, Mr. Zhang Qingjin, an executive director and the Chief Executive Officer of the Company, has resigned from his position as the Chief Executive Officer of the Company, and Mr. Ma Tongsheng has been appointed as the Chief Executive Officer of the Company; and Ms. Yan Yunhua, an executive director and the Chief Financial Officer of the Company, has resigned from her position as the Chief Financial Officer of the Company, and Mr. Paul Wong Wing Wang has been appointed as the Chief Financial Officer of the Company. Both Mr. Zhang Qingjin and Ms. Yan Yunhua retain their positions as executive directors of the Company. Mr. Ma is currently the head of Fine Chemicals and Biomass Power Generation Development and Research Team of the Company.

Prior to joining the Group, Mr. Wong has been the managing director of Crowe Howarth Capital (Singapore) since April 2017, and was the CEO of Partners Capital (Singapore) Pte Ltd. from January 2008 to April 2017.