Puxing Energy Limited announced that with effect from 28 April 2021, Mr. Xu Anliang has been appointed as an executive Director, the chairman of the Board, the chairman of the nomination committee of the Board, a member of the remuneration committee of the Board and an authorised representative of the company. Following the appointment of Mr. Xu, Mr. Wei Junyong has ceased to be the Chairman, the chairman of the Nomination Committee, a member of the Remuneration Committee and the Authorised Representative with effect from 28 April 2021. Mr. Wei will continue to act as an executive Director.