The board of directors of Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited announced that Ms. Chen Zhao Hua has tendered her resignation as an executive Director with effect from 1 October 2020 due to her personal reasons. The Board announced that Mr. Chen Guo Xiong ("Mr. Chen") has been appointed as an executive Director and Vice Chairman of the Board with effect from 1 October 2020. Prior to joining the Group, Mr. Chen had extensive experience in the manufacturing industry including management and administration. Mr. Chen has been appointed as an executive Director and Vice Chairman of the Board by a letter of appointment for a term of three years from 1 October 2020 to 30 September 2023.