Gary Macleod announced his resignation from the position as Chief Executive Officer and Director of Sichuan Leaders Petrochemical Company, effective at August 7, 2013. This resignation is not the result of a disagreement with management regarding the operations, policies or practices of the company. The company also announced that Diane J. Harrison submitted her resignation as Treasurer, Principal Accounting Officer, Director and Chief Financial Officer on August 7, 2013; her resignation was accepted by the Board of Directors on the same day.

Ms. Harrison resigned due to the company's increased focus on Chinese only business and operations. Her resignation was not the result of a disagreement with management regarding the operations, policies or practices of the company. She remains as Corporate Secretary.

Director and Chairman of the Board, Andy Z. Fan was appointed as and has accepted the positions of CEO, Treasurer, and Principal Accounting Officer. Mr. Andy Z. Fan is a Chinese-American businessman with connections with the Chinese government and long standing relationships with Chinese media. Mr. Fan is currently President, Director, and Chairman of the Board of AF Ocean Investment Management Company.