The Board of Directors of China Agri-Industries Holdings Limited announced that Mr. LV Jun ('Mr. LV') has resigned as an executive director and the Managing Director of the company with effect from October 14, 2013 due to his appointment of a key position in another centrally-administered state-owned enterprise. Following the resignation, Mr. LV also ceased to be the Chairman of the Executive Committee of the company. The Board announced that Mr. YUE Guojun ('Mr. YUE') has been re-designated from non-executive director to executive director and appointed as the Managing Director of the company with effect from October 14, 2013.

Following the re-designation, Mr. YUE has become the Chairman of the Executive Committee of the company. He is currently the chairman of COFCO Biochemical (Anhui) Co. Ltd. The Board also announced that Mr. SHI Bo ('Mr. SHI') has been appointed as an executive director of the company with effect from October 14, 2013.

Following the appointment, Mr. SHI has become a member of the Executive Committee of the company. Mr. SHI Bo, was appointed as vice president of the company in July 2010, taking charge of the overall strategic management, financial management, investor relations, production R&D, as well as quality and safety management.