On January 31, 2013, the Board of Directors of Wuhan General Group (China) Inc. received resignation of Brian Lin from the position of a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee of the company, effective immediately. On January 31, 2013, upon Mr. Lin's resignation, the Board of the company appointed Mr. Shi Yu to serve as Chairman of the Audit Committee of the company, effective immediately. Prior to such appointment, Mr. Shi Yu has been serving as a member of the Board of the Company since March 2009.