The board of directors of Winsway Coking Coal Holdings Limited announced that Mr. Apolonius Struijk has tendered his resignation as an executive director of the company with effect from 1 April 2013. Among other executive responsibilities, Mr. Struijk was appointed as the interim CEO of Grant Cache Coal Corporation (GCC) since it was acquired by the company with Marubeni Corporation in March 2012. Mr. Max Wang was hired as CEO of GCC to replace Mr. Struijk.

Following the successful succession, Mr. Struijk decided to leave Winsway and will pursue outside interests. The board announced that Ms. Ma Li has been appointed as an executive director of the company with effect from 1 April 2013. Ms. Ma, aged 43, is the Vice President of the company who is responsible for the treasury functions and internal administration of the company.

Ms. Ma joined Winsway Group in 1998, where she was mainly responsible for treasury functions. Ms. Ma has been appointed as a member of the Health and Safety and Environmental Committee in place of Mr. Apolonius Struijk, who has ceased to be a director of the company with effect from 1 April 2013. Mr. George Jay Hambro has been appointed as a member of the Health and Safety and Environmental Committee as well with effect from 1 April 2013.

Mr. Ng Yuk Keung has been appointed as a member of the Remuneration Committee in place of Mr. Apolonius Struijk, who has ceased to be a director of the company with effect from 1 April 2013.