Anxian Yuan China Holdings Limited announced that with effect from 23 January 2014, Mr. Shi Hua has resigned from his post as Chief Executive Officer of the company but will retain his role as an Executive Director of the company and Chairman of the Board; Mr. Shi Jun has been appointed as Chief Executive Officer of the company; Mr. Law Fei Shing and Ms. Shen Mingzhen have been appointed as Deputy Chief Executive Officers of the company; and Mr. Wang Hongjie has been appointed Non-Executive Director of the company. Mr. Shi Jun has been an Executive Director of the company since 2011. Mr. Law and Ms. Shen have been an Executive Director of the company since 2009 and 2011 respectively.

Mr. Wang Hongjie is currently the president of Shanghai Funeral and Interment Trade Association, and vice president of China Funeral Association.