The board of the directors of Huayu Expressway Group Limited announced that Mr. Chen Min Yong has tendered his resignation as executive Directors of the company with effect from 23 May 2014. Mr. Chen resigned as executive Director of the company in order to devote more time to his respective personal businesses. Mr. Chen has confirmed that he has no disagreement with the Board and there are no other matters with respect to his resignation that needs to be brought to the attention of the shareholders of the company.