China Energine International Holdings Limited announced that Mr. Li Guang, Non-executive Director and Remuneration Committee's Chairman of the company, has been redesignated as Executive Director, and appointed as Chief Executive Officer and Development and Investment Committee's member, of the company, and Mr. Zang Wei has resigned as Executive Director, Chief Executive Officer and Development and Investment Committee's member of the company. Mr. Li will retire from his office of the Remuneration Committee's Chairman at the end of the forthcoming Remuneration Committee meeting on March 29, 2012.