Baolüte-KY Announces Reappointment of Mr. Ou Zhiwen as Chairman

1. Date of Board Resolution or Change: 115/06/23 2. Position (Please enter 'Chairman' or 'CEO'): Chairman 3. Former Incumbent's Name: Ou Zhiwen 4. Former Incumbent's Resume: Chairman and CEO of Baolüte Resource Recycling Engineering Co., Ltd. 5. New Appointee's Name: Ou Zhiwen 6. New Appointee's Resume: Chairman and CEO of Baolüte Resource Recycling Engineering Co., Ltd. 7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Position Adjustment', 'Severance', 'Retirement', 'Deceased', or 'New Appointment'): End of Term 8. Reason for Change: End of Term 9. Effective Date of New Appointment: 115/06/23 10. Other Matters to be Disclosed (If the subject is a publicly listed company, this announcement may also constitute a material event under Article 7, Paragraph 6, Item 6 of the Enforcement Rules of the Securities and Exchange Act): None

Keywords: Material Information