The supervisory committee (the "Supervisory Committee") of Inner Mongolia Yitai Coal Co. Ltd. (the "Company") announced that, Mr. He Peixun ceased to act as the employee supervisor of the Company (the "Employee Supervisor") from 28 December 2020 due to adjustment to work arrangement. Mr. He Peixun has confirmed that he has no disagreement with the board of directors of the Company (the "Board") and the Supervisory Committee, and there are no other matters relating to his cessation to act as the Employee Supervisor that need to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Supervisory Committee announced that, Ms. Jia Zheyu was appointed as the Employee Supervisor upon the recommendation of the labor union committee of the Company. Ms. Jia Zheyu, joined the Company in July 2007; served as the business head of the legal affairs office of the general manager office of the Company from February 2012 to April 2015; the contract business specialist of the legal affairs office of the general manager office of the Company from April 2015 to May 2017; and the senior manager in legal affairs of the Capital Operation and Compliance Management Department of the Company from May 2017 to 23 December 2020. She has served as the deputy general manager of the Capital Operation and Compliance Management Department of the Company since 23 December 2020.