On 22 September 2023, the board of directors of Zhejiang Tengy Environmental Technology Co. Ltd. received a resignation letter from Mr. Zhang Bing (Mr. Zhang) that he will resign as an independent non-executive Director, the chairman of the nomination committee and a member of each of the audit committee and the remuneration committee of the Board, with effect from the date on which the proposed appointment of the new independent non-
executive Director to fill the casual vacancy as a result of Mr. Zhang 's resignation being approved by the shareholders of the Company (the Shareholders) at the extraordinary general meeting (EGM) to be convened by the Company, so as to allow him to devote more time for his personal commitments.