The board of directors of IRICO Group New Energy Company Limited announces that: Ms. Wu Xiaoguang resigned to serve as an independent non-executive director of the Company, the chairman of the Audit Committee and a member of the Nomination Committee of the Board due to changes in job arrangements. The resignation of Ms. Wu will take effect upon the assumption of office by the independent non-executive director to be elected at the extraordinary general meeting of the Company to be held on 28 April 2022.