Hanfeng Evergreen Inc. announced that Xinduo Yu is no longer the President and Chief Executive Officer of the corporation or the legal representative of the corporation's wholly-owned subsidiaries, Hanfeng Slow-Release Fertilizer (Heilongjiang) Co. Ltd. and Hanfeng Slow-Release Fertilizer (Jiangsu) Co. Ltd. He will continue as a director of the corporation.

Niral Merchant will continue to serve in his role as Chief Financial Officer of the corporation and will report directly to the Board of Directors.