Deyu Agriculture Corp. announced that Mr. Greg Chen resigned from his positions as Chief Executive Officer and Director effective as of March 31, 2014 and April 1, 2014, respectively, and effective as of March 31, 2014, Mr. Jan Poulsen resigned from his position as President of the company. Effective as of April 1, 2014, the Board appointed Mr. Hong Wang, Chairman of the Board of Directors to serve as Acting Chief Executive Officer. The company intends to replace the vacancy created by the resignation of Mr. Jan Poulsen, in the near future.

Effective as of March 31, 2014, the company also announced that it closed its New York office.