The board of directors of GCL-Poly Energy Holdings Limited announced the following changes which will take effect from 23 January 2015: Mr. Zhu Zhanjun has become an executive director and the Executive President of the Company to oversee the daily operation and management of the polysilicon and wafer business of the Company; Mr. Shu Hua ceased to act as the Executive President of the Company and has been re-designated as a non-executive director of the Company; Ms. Sun Wei has resigned as an executive director of the Company, a member of the remuneration committee and strategic planning committee of the Company; and Mr. Zhu Yufeng has become a member of the remuneration committee and Mr. Yeung Man Chung, Charles has become a member of the strategic planning committee.