The board of directors of China Yurun Food Group Limited announced that Mr. Miao Yelian has been appointed as an independent non-executive director and a member of the Audit Committee of the company with effect from August 13, 2015. Mr. Miao Yelian is a professor and supervisor to doctoral students of the College of Food Science and Light Industry of Nanjing Tech University, and the vice director of the Institute of Bioresources Engineering of Nanjing Tech University. Mr. Miao is an academic in food engineering with over 30 years of working experience with different universities.

The Board announced that Mr. Li Qing has resigned as an independent non-executive director and a member of the Audit Committee of the company with effect from August 13, 2015 in order to devote more time pursuing to his own career development. Mr. Li has confirmed that he has no disagreement with the board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the company and the Stock Exchange.