Inner Mongolia Yitai Coal Co.,Ltd. appointed Mr. Zhang Jingquan as an executive director an chairman of the board of the Company, in its extraordinary general meeting held on December 30, 2019. The company also announced that Mr. Zhang Jingquan was appointed as the executive director of the Company and the chairman of the Strategy Committee, the chairman of the Production Committee, a member of the Remuneration and Appraisal Committee and a member of the Nomination Committee of the Board; Mr. Lv Junjie was appointed as the executive director of the Company and a member of the Remuneration and Appraisal Committee, a member of the Nomination Committee, a member of the Strategy Committee and a member of the Production Committee of the Board. The terms of office of Mr. Zhang Jingquan and Mr. Lv Junjie will commence from 30 December 2019 to the expiration of the seventh session of the Board.