The board of directors of Huili Resources (Group) Limited announced that Mr. Sun Zhong has resigned as executive director and the chief executive officer of the company with effect from 5 January 2017 due to his personal engagement. Following the resignation of Mr. Sun, the duty of chief executive officer will be taken up by Mr. Wang Dayong, an executive Director and the chairman, and other senior management of the Company. The Company will make its best endeavor for seeking a suitable candidate for filling up the vacancy and keep its shareholders and investors informed by way of further announcement upon the appointment of a new chief executive officer.