On August 9, 2013, Comjoyful International Company entered into an employment agreement with Mr. Gene Michael Bennett to serve as Chief Financial Officer of the company. The appointment of Mr. Bennett was approved by the company's Board of Directors on the same date. On August 9, 2013, Mr. Yazhong Liao was removed from his position as Chief Financial Officer of the company.

Mr. Liao continues to serve as President, Chief Executive Officer and the sole director of the Board of Directors of the company.