The board of directors of New Environmental Energy Holdings Limited announced that Mr. Shen Jianping has been appointed as an executive director of the company with effect from 23 December 2013. Currently, he is serving as a director of Beijing Capital Group Co. Ltd., a non-executive director of Beijing Capital Land Ltd. and the vice chairman of China Digital Culture Group Co.

Ltd. Mr. Shen has not been appointed for a specific term. He will hold office until the next annual general meeting of the company. His appointment is subject to retirement by rotation and/or re-election in accordance with the articles of association of the company.