Zeus Resources Limited announced that it has appointed Mr. Ding Xu as Non-Executive Chairperson of the Company, and Mr. Sitong Wu as an Executive Director of the company, effective immediately. Mr. Xu has gained extensive experience in strategic mining investment when he worked as the Manager of the Department of Strategic Development at China Metallurgical Geology Bureau (CMGB). Mr. Xu had developed multiple large projects, such as the Shuijingshan Mountain Mining programme, during his tenure as the General Manager of Guangxi Xubao Mining Investment Co.

Ltd. Zeus also announced the resignation of Dr. Dongfeng Zhang as Chairperson of the Company and Mr. Jiangang Zhao as a Director with immediate effect. Dr. Zhang has served the Company as Chairperson since 2019 and Mr. Zhao has served the Company as a Director and Acting CEO since 2013.