The board of directors of Qianlong Technology International Holdings Ltd. announced that Mr. Chang Long-Teng has resigned as an independent non-executive director, a member of the audit committee and a member of the remuneration committee of the company with effect from March 24, 2012 due to his other personal commitments which require more of his time. Mr. Chang has confirmed that there is no disagreement between him and the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.