The board of directors of China Water Industry Group Limited announced that Mr. Chang Kin Man has tendered his resignation as an Independent
Non-executive Director of the Company with effect from 10 October 2012. Mr. Chang resigned for the reason of having other business engagements which require more of his dedication. Accordingly, Mr. Chang also resigned as a chairman of Audit Committee, a chairman of Remuneration Committee and a member of Nomination Committee of the Company with effect from the same date. Mr. Chang confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.
The Board of the Company also announces that Mr. Wong Siu Keung, Joe ("Mr. Wong") was appointed as an Independent Non-executive Director, a chairman of Audit Committee, a chairman of Remuneration Committee and a member of Nomination Committee of the Company with effect from 10 October 2012. Mr. Wong, aged 47, is currently an Independent Non-executive Director of Computech Holdings Limited which is listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited.