Effective on December 14, 2012, Dr. Kang Sun and Mr. Elliot Maza each resigned from his position as a member of the Board of Directors of Apollo Solar Energy, Inc. Neither Dr. Sun's nor Mr. Maza's resignation occurred because of any disagreement with the company on any matter relating to the company's operations, policies or practices. On December 17, 2012 the Board of Directors elected Professor Yijun Li to serve as a member of the Board of Directors.