The board of supervisors of First Tractor Company Limited has recently received the written resignation from Mr. Zhang Hongsheng. Due to work rearrangement, Mr. Zhang Hongsheng has tendered his resignation from the office of chairman of the board of supervisors and a supervisor of the company. His resignation has come into effect upon the same being delivered to the board of supervisors of the company (i.e. coming into effect on 3 December 2020). After resignation, Mr. Zhang Hongsheng will cease to hold any position in the company.