The Board of Sichuan Energy Investment Development Co., Ltd. hereby announced that Mr. Xiong Lin ("Mr. Xiong") has tendered his resignation as the chairman, an executive Director, chairman of the nomination committee, the authorised representative pursuant to Rule 3.05 of the Listing Rules and the legal representative of the Company due to retirement, which will be effective upon the conclusion of the EGM. The Board further announces that Ms. Li Yu ("Ms. Li") has tendered her resignation as a non-executive Director of the Company and a member of the risk control committee under the Board due to change in work arrangements, with effect upon the conclusion of the EGM. Ms. Li has confirmed that (i) she has no claim against the Company, its subsidiaries or affiliates; and (ii) she has no disagreement with the Board and there are no matters in relation to her resignation that need to be brought to the attention of the Shareholders or the Stock Exchange.