The board of directors of Deyu Agriculture Corp. accepted the amicable resignations of Jianming Hao from his directorship and chairmanship positions on the Board and Longjiang Yuan from his directorship position on the Board, effective August 16, 2013. As of the effective date, the Board appointed Xinli Li to serve in the directorship position vacated by Longjiang Yuan until the next annual meeting of the Company or until his successor is duly elected, qualified and seated, and the Board appointed Hong Wang to serve as Chairman of the Board, effective immediately.

In addition to serving as a member of the Board, Mr. Li was appointed to serve as a member of the Audit Committee, Nominating Committee and Compensation Committee of the Board. The Board does not intend to appoint a director to fill the vacancy created as a result of Jianming Hao's resignation at this time.