The Board of Directors of New Focus Auto Tech Holdings Ltd. announced that Mr. Raymond N. Chang has resigned as an executive director and chief executive officer of the company with effect from August 11, 2013 in order to spend more time with his family in the United States and to pursue his other business opportunities outside of Asia. The company currently intends to appoint Mr. Zhang Jianxing, who will become an executive Director of the company upon and subject to the closing of the transactions as disclosed in the announcement of the company dated 26 June 2013 and the circular of the company dated 17 July 2013, to be the new chief executive officer of the company. The company will make further announcement upon the appointment of the new chief executive officer.