The board of directors of Sinolink Worldwide Holdings Limited announced that with effect from August 21, 2013, Mr. OU Yaping, an executive director of the company, has been re-designated as a non-executive director of the company and has resigned as the Chairman of the Board, a member of remuneration committee of the company, an authorized representative of the company and agent for the service of process in Hong Kong. The Board also announced that with effect from August 21, 2013, Mr. TANG Yui Man Francis, an executive director of the company, has resigned as the Chief Executive Officer of the company and has been appointed as the Chairman of the Board and a member of remuneration committee of the company; and Mr. XIANG Ya Bo, an executive director of the company, has been appointed as the Chief Executive Officer of the company, an authorized representative of the company and agent for the service of process in Hong Kong. In addition, the Board announced that with effect from August 21, 2013, Mr. LI Ningjun has resigned as a non-executive director of the company for the reason of his other business commitments which require more of his dedication.

Mr. TANG is currently an executive director of Enerchina and a director of Sinolink Properties Limited. Mr. TANG has numerous years of experience in management, accounting and finance. He was an alternate director to Mr. OU of Towngas China during 2007-2011.

Mr. XIANG is currently an executive director of Enerchina and the chairman and the general manager of Sinolink Properties. Mr. XIANG has over 26 years of experience in the field of corporate management, investment management and technical administration on computer technologies and e-commerce.