China Gerui Advanced Materials Group Ltd. announced that independent director Mr. Kwok Keung Wong resigned from the Company's Board of Directors. Mr. Wong tendered a letter of resignation to the Company, which was accepted by the Board of Directors on August 28, 2014. Mr. Wong indicated that the resignation was due to personal health reasons and was not a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Dr. Yunlong Wang, a current independent Board of Director was approved by the Board to replace Mr. Wong as a member of the Audit, Compensation, and Nominating and Corporate Governance committees. Dr. Yunlong Wang has been a member of the Board since 2009 and has been the Head and Chief Engineer of Biotech Research Center of Henan Province since 2000.