Nature Flooring Holding Company Limited Board announced that Mr. Se Hok Pan will cease to be the President and will remain as the Chairman and an executive director of the company; Mr. Liang Zhihua has been appointed as an executive director and the President; and Mr. Chow Chi Keung Savio has tendered his resignation as an executive director of the company with effect from 1 January 2014. All changes are with effect from January 1, 2014. Effective from the re-designation, Mr. Se will focus on the overall strategic planning and development of the Group and effective functioning of the Board whereas Mr. Liang will be responsible (among other matters) for the day-to-day management of the Group's operation and overseeing the Group's business.

The Board is confident that the re-designation of Mr. Se and the appointment of Mr. Liang will further reinforce the development of the Group on the existing solid foundation.