On September 5, 2013, Xiaoling Li, the beneficial owner of 95% of the outstanding shares of Dionics Inc., acting by written consent, removed Shuzhong Liu and Jun Lu from the Board of Directors of the company. Simultaneously Ms. Li appointed Bo Jiang and Manhuo Wang to the Board of Directors of the company. Immediately thereafter, on the same day, the Board of Directors appointed Ms. Li Chairwoman and Chief Executive Officer of the company, Manhuo Wang President of the Company and Jingwei Huang Chief Financial Officer of the company.

Mr. Bo (Richard) Jiang, age 34, served as a Director of Vastsea Consultants from March 2011 to June 2013. Immediately before joining the company, Mr. Wang served as the Director and Party Secretary of Housing Authority Bureau in Shangrao City a position which he first occupied in July 2002. Mr. Jingwei (John) Huang, age 37, has been affiliated with KPMG from July 2000 to the present, most recently as a Senior Manager.

In such capacity his responsibilities included planning and supervising the audits of various private and public companies, including the audits for various listed companies and companies in the process of completing initial public offerings.