On 3 August 2015, the board of directors of Fuyao Glass Industry Group Co., Ltd. received a resignation notification from Mr. Zuo Min, the chief financial officer of the Company. Mr. Zuo Min tendered his resignation from his position as the chief financial officer of the Company due to work rearrangement in the company. To avoid affecting the normal progress of the relevant work of the Company, Mr. Zuo Min will continue performing his duties as the chief financial officer of the Company in accordance with relevant requirements of laws, administrative regulations and the company's articles of association before the appointment of new chief financial officer by the Board.

The resignation of Mr. Zuo Min will become effective when his successor assumes office. Upon the effectiveness of his resignation as the chief financial officer of the Company, Mr. Zuo Min will continue to serve for the company and his position will be announced in due course after consideration and approval by the Board. Mr. Zuo Min has confirmed that there is no disagreement between Mr. Zuo Min and the Board, nor is there any matter with respect to his resignation that needs to be brought to the attention of the shareholders of the Company.

Mr. Zuo Min has also confirmed that he does not have any action or claim, existing or pending, against the company.