On September 16, 2013, Ms. Shuxian Li tendered her resignation as interim Chief Financial Officer of China GengSheng Minerals, Inc., effective immediately. On September 16, 2013, the board of directors of the company accepted Ms. Li's resignation and appointed Ms. Weina Zhang as interim Chief Financial Officer, effective September 16, 2013. Ms. Zhang has been serving as the head of the Corporate Finance Department of Henan GengSheng High-Temperature Materials Co.

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