The board of directors of China Ruifeng Renewable Energy Holdings Limited announced that with effect from 6 November 2015, Mr. Qu Weidong (Mr. Qu), an existing independent non-executive Director of the Company, has been appointed as the chairman of the nomination committee of the Company (the Nomination Committee). Mr. Qu, aged 49, is an independent non-executive Director and an existing member of each of the audit committee and remuneration committee of the Company, and has been appointed as the chairman of the Nomination Committee with effect from 6 November 2015. Mr. Qu was appointed as an independent non-executive Director on 11 December 2010.

The Board also announced that with effect from 6 November 2015, Mr. Li Baosheng has resigned as the Chairman of the Board, an executive Director and the chairmanof the Nomination Committee due to the need to devote more time to pursue his other business commitments.