China Agri Industries : Appointment of Director

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The Board announces that, with effect from 29 March 2017, Ms. YANG Hong has been appointed as an executive director of the Company and a member of the Executive Committee of the Company.

The board of directors (the "Board") of China Agri-Industries Holdings Limited (the "Company") is pleased to announce that, with effect from 29 March 2017, Ms. YANG Hong ("Ms. YANG") has been appointed as an executive director of the Company and a member of the Executive Committee of the Company.

Ms. YANG, aged 53, is a vice president of the Company, in charge of the grains business. Ms. YANG joined COFCO Corporation and/or its subsidiaries ("COFCO Group") in 1989 and held various positions at COFCO Group. She has been a Senior Industry Executive of COFCO Group since February 2013. Ms. YANG has more than 20 years' experience in rice import and export business. She has been the general manager of the Rice Processing and Trading Division since the Company was listed, and is responsible for optimising its rice processing footprints in China's main paddy growing provinces and building brand awareness for rice products. Ms. YANG holds a Bachelor's degree in Economics from University of International Business and Economics in Beijing and an Executive Master of Business Administration (EMBA) from China Europe International Business School.

Save as disclosed above, Ms. YANG has not held other directorship in the last three years in public companies, the securities of which are listed on any securities market in Hong Kong or overseas, and does not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company.

As at the date of this announcement, Ms. YANG holds 136,500 shares of the Company, and is interested, by way of holding a long position, in 1,680,000 underlying shares of the Company pursuant to share options granted to her under a share option scheme of the Company. She also holds 10,000 shares of Joy City Property Limited, an associated corporation of the Company. Saved as disclosed herein, Ms. YANG is not interested nor deemed to be interested in any share, underlying share or debenture of the Company and its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance.

There is a service contract entered into between the Company and Ms. YANG. Subject to relevant provisions of the articles of association of the Company (the "Articles of Association"), her term is for three years commencing on 29 March 2017. The service contract may be terminated by not less than three months' written notice by either party. Pursuant to article 111 of the Articles of Association, she will retire at the forthcoming annual general meeting and shall be eligible for re-election. The emoluments of Ms. YANG are determined by the Remuneration Committee of the Company with reference to market practice, her performance and contribution to the Company and also according to the terms of reference of the Remuneration Committee adopted by the Company. Ms. YANG is entitled to remuneration at a rate of RMB1,430,000 per annum. In addition, she is entitled to a year-end bonus, benefits in kind and retirement contributions from the Company subject to recommendation and approval by the Remuneration Committee.

Save as disclosed above, there are no other matters or information that need to be brought to the attention of holders of securities of the Company or to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to the aforesaid appointment.

The Board would like to express its warm welcome to Ms. YANG to the Board.

Hong Kong, 29 March 2017

By Order of the Board

Chairman

As at the date of this announcement, the Board comprises1: Mr. YU Xubo as chairman of the Board and non-executive director; Mr. DONG Wei, Ms. YANG Hong and Mr. SHI Bo as executive directors; Mr. LI Jian and Mr. JIA Peng as non-executive directors; and Mr. LAM Wai Hon, Ambrose, Mr. Patrick Vincent VIZZONE and Mr. ONG Teck Chye as independent non-executive directors.

1 Being effective immediately after the conclusion of the Board meeting held on the date of this announcement.