Shuanghua Holdings Limited announced that Mr. Dong Zongde, previously an executive Director of the company, has stepped down from the position as executive Director and has been re-designated as a non-executive Director with effect from 12 April 2012 due to rearrangement of his job assignments. Since 2007, Mr. Dong had served in Shanghai Shuanghua as the director. The Board announced that Mr. Jia Weiren, a non-executive Director, retired by rotation at the AGM pursuant to the articles of association of the Company and did not offer himself for re-election as he would like to focus on the operation of his own business. Mr. Jia has confirmed that he has no disagreement with the Board and there is no matter in relation to his retirement that needs to be brought to the attention of the Shareholders of the company. The Board also announced that Ms. Tang Lo Nar has been appointed as an executive Director of the company in place of Mr. Dong with effect from 13 April 2012. Ms. Tang, aged 39, is the chief financial officer and a joint company secretary of the company. Ms. Tang was the company secretary of two companies, namely Asia Resources Holdings Limited and Karce International Holdings Company Limited for the periods from December 31, 2008 to 1 April 2010 and from 12 January 2009 to 1 April 2010, respectively.