The Board Shunfeng International Clean Energy Limited announced that as Mr. Yue Yang (Mr. Yue) and Mr. Siu Wai Keung Francis (Mr. Siu) had not offered themselves for re-election at the AGM, they have retired from the offices as a non-executive director and an independent non-executive director, respectively, of the Company at the AGM. Mr. Yue and Mr. Siu decided not to offer themselves for re-election in order to devote more time and energy to their respective personal business. Each of Mr. Yue and Mr. Siu has confirmed that there was no disagreement with the Board and no other matter regarding his retirement that ought to be brought to the attention of the shareholders of the Company.

Mr. Kwong Wai Sun Wilson (Mr. Kwong), an independent non-executive director of the Company, has been appointed as the chairman of the Audit Committee in place of Mr. Siu with effect from 26 June 2015. Mr. Kwong, an independent non-executive director of the Company, has been appointed as a member and the chairman of the Remuneration Committee in place of Mr. Siu with effect from 26 June 2015. Mr. Kwong, an independent non-executive director of the Company, has been appointed as a member of the Nomination Committee in place of Mr. Siu with effect from 26 June 2015.