The board of directors of Art Textile Technology International Co. Ltd. announced that Mr. Huang Yongfeng has tendered his resignation as an independent non-executive director and a member of each of the audit committee, nomination committee and remuneration committee of the company with effect from 19 September 2012 to pursue his own career development. Mr. Huang confirmed that he has no disagreement with the board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company.

The board announced that Mr. Yang Zeqiang has been appointed as an independent non-executive director and a member of each of the audit committee, nomination committee and remuneration committee of the company with effect from 19 September 2012. Mr. Yang Zeqiang has been the financial controller of Zhengzhou Han Yuan Zhi Ye Company Limited since 2008, responsible for overseeing the financial operations of the company. Prior to joining Zhengzhou Han Yuan Zhi Ye Company Limited, Mr. Yang worked at Zhengzhou Yi Mian Textile Company Limited as accounting supervisor from 1992 to 1996 and subsequently as head of finance department from 1996 to 2008.