GCL-Poly Energy Holdings Ltd. announced the following changes which will take effect from April 1, 2016. Mr. Zhu Zhanjun, the current executive director and Executive President of the Company, was appointed to succeed Mr. Zhu Gongshan as the new Chief Executive Officer of the Company. Mr. Zhu Gongshan, the current Chief Executive Officer, an executive director and Chairman of the Company, will continue to serve as an executive director and Chairman of the Company; Messrs.

Jiang Wenwu and Zheng Xiongjiu were appointed as additional executive directors of the Company; and Mr. Wong Man Chung, Francis was appointed as the additional independent non- executive director of the Company.