On December 12, Shangfeng Cement announced that recently, the board of directors of the company received a written resignation report submitted by Xie Shuorong, vice chairman of the company, because he reached the legal retirement age. Xie Shuorong applied to resign as a director and vice chairman of the 11th Board of Directors of the Company and a member of the Strategy and Investment Committee of the Board of Directors and the Remuneration and Appraisal Committee of the Board of Directors. After his resignation, Xie Shuorong will no longer hold any position in the Company.

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