Good Resources : (1) RESIGNATION OF EXECUTIVE DIRECTOR, CHAIRMAN OF THE BOARD, CHAIRMAN AND MEMBER OF NOMINATION COMMITTEE AND AUTHORIZED REPRESENTATIVE; (2) CHANGE IN THE COMPOSITION OF NOMINATION COMMITTEE; AND (3) CHANGE OF AUTHORIZED REPRESENTATIVE

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GOOD RESOURCES HOLDINGS LIMITED

天 成 國 際 集 團 控 股 有 限 公 司*

(incorporated in Bermuda with limited liability)

(STOCK CODE: 109)

(1) RESIGNATION OF EXECUTIVE DIRECTOR,

CHAIRMAN OF THE BOARD,

CHAIRMAN AND MEMBER OF NOMINATION COMMITTEE

AND

AUTHORIZED REPRESENTATIVE;

1. 1. CHANGE IN THE COMPOSITION OF NOMINATION COMMITTEE;
      AND
   2. CHANGE OF AUTHORIZED REPRESENTATIVE
2. RESIGNATION OF EXECUTIVE DIRECTOR, CHAIRMAN OF THE BOARD, CHAIRMAN OF NOMINATION COMMITTEE AND AUTHORIZED REPRESENTATIVE
   The board (the ''Board'') of directors (the ''Director(s)'') of Good Resources Holdings Limited (the ''Company'') hereby announces that with effect from 30 April 2021, Mr. Chen Chuanjin (''Mr. Chen'') has resigned as (i) an executive Director; (ii) chairman of the Board; (iii) chairman and a member of the nomination committee of the Board (the ''Nomination Committee''); and (iv) an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited (the ''Authorized Representative'') as Mr. Chen would like to spend more time to pursue his other business commitments.
   Mr. Chen has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that need to be brought to the attention of the shareholders of the Company.
   Following the resignation of Mr. Chen, the Company is looking for suitable candidate to fill the vacancy of the chairman of the Board as soon as practicable. Further announcements will be made as and when appropriate.

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The Board would like to express its sincere gratitude to Mr. Chen for his valuable contribution to the Company during his tenure of service.

1. CHANGE IN COMPOSITION OF NOMINATION COMMITTEE
   Following the resignation of Mr. Chen, Mr. Chau On Ta Yuen, an independent non- executive Director and currently a member of the Nomination Committee has been appointed as chairman of the Nomination Committee in replacement of Mr. Chen.
2. CHANGE OF AUTHORIZED REPRESENTATIVE
   Following the resignation of Mr. Chen as the Authorized Representative of the Company as required under Rule 3.05 of the Listing Rules, Mr. Liu Bin, an executive Director, has been appointed as an Authorized Representative. Subsequent to the said changes, Mr. Liu Bin and Ms. Kwan Shan shall be the Authorized Representatives of the Company.
3. CONTINUED SUSPENSION OF TRADING
   At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended with effect from 1:00 p.m. on 23 September 2020, and will remain suspended until further notice.

By order of the Board

Good Resources Holdings Limited

Liu Bin

Executive Director

Hong Kong, 30 April 2021

As at the date of this announcement, (i) the executive Directors are Mr. Chen Shi and Mr. Liu Bin; and (ii) the independent non-executive Directors are Mr. Chau On Ta Yuen, Mr. Zhang Ning and Mr. Wong Hok Bun, Mario.

In the case of inconsistency, the English text of this announcement shall prevail over the Chinese text.

• for identification purpose only

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