Conch Cement Senior Change Yu Shui Takes Over the Post of General Manager

On August 11, Conch Cement announced that Li Qunfeng resigned as general manager of the company and continued to serve as executive director of the company and director of some subsidiaries of the company. At the same time, the Board unanimously agreed to appoint Mr. Yu Shui as the general manager of the Company. Biography

of Mr.

Yu Shui Mr. Yu Shui, born in October 1976, currently serves as an executive director, general manager, secretary to the Board (joint company secretary), general counsel and chief compliance officer of the tenth session of the Board of the Company. Mr. Yu graduated from Anhui University and joined the Company in 1997. He has successively served as the deputy director of the control center of the sales department, the assistant to the director, the deputy director, the executive deputy director and the director of the sales department of the Company, and the executive deputy general manager of Bengbu Conch Cement Co., Ltd., Huainan Conch Cement Co., Ltd. and Anhui Changfeng Conch Cement Co., Ltd. General Manager of Conch Cement Co., Ltd. in South Kalimantan, Indonesia, Assistant to the General Manager and Deputy General Manager of the Company. He has extensive experience in corporate governance, capital market, marketing, regulation and legal compliance management. Mr. Yu also serves as a director of certain subsidiaries of the Company, including Shanghai Conch Logistics Co., Ltd.