The board of directors of AKM Industrial Co. Ltd. announced that Mr. Han Li Gang has tendered his resignation as a non-executive Director of the company with effect from November 2, 2012 due to change of work position. The Board also announced that Mr. Meng Weiwei has been appointed as a non-executive Director of the company with effect from November 2, 2012.

Mr. Meng, aged 44, joined China North Industries Corporation in January 1996 and is the vice supervisor of the strategic management department and strategic operation department since June 2004.