The board of directors of Art Textile Technology International Company Limited announced that each of Ms. Yau Lai Ying and Mr. Lin Ye have been appointed as an independent non-executive director of the company and a member of the audit committee, the nomination committee and the remuneration committee of the company all with effect from October 15, 2013. Ms. Yau has been appointed as the chairman of the audit committee, the nomination committee and the remuneration committee of the company with effect from October 15, 2013. Ms. Yau Lai Ying, aged 43, is a fellow of the Hong Kong Institute of Certified Public Accountants and a Certified Practising Accountant of CPA Australia.

Ms. Yau has over 10 years of experience in auditing, accounting and business advisory services. Mr. Lin Ye, aged 59, has been the Vice General Manager of Zhengzhou Yi Mian Textile Company Limited responsible for administration works since 2004. The board announced that each of Mr. Lo Kin Chung and Mr. Yu Zhongming have resigned as an independent non-executive director and a member of the audit committee, nomination committee and remuneration committee of the company with effect from October 15, 2013 due to his own business development and his health condition, respectively.