The board of directors of Winsway Enterprises Holdings Limited announced that Mr. Wang Xingchun, the incumbent chief executive officer of the company and Chairman of the Board, notified the company that due to health issues, he will take a leave of absence from the company's daily management for a period of time with effect from 26 August 2014. The Board further announced that Mr. Andreas Werner has been appointed as an executive director of the company and the chief executive officer designate (CEO Designate) of the company with effect from 26 August 2014. Mr. Werner, as the CEO Designate, will handle the day-to-day operation of the company during Mr. Wang Xingchun's period of absence from his management duties.

Mr. Werner, aged 56, has been an Executive Vice President of the company since 7 July 2014. Mr. Werner was the chief executive officer of Raiffeisen Bank International Greater China before joining the company. The Board further announced that Mr. Yasuhisa Yamamoto has tendered his resignation as an executive director of the company and ceased to be a member of the Nomination and Corporate Governance Committee and the Health and Safety and Environmental Committee with effect from 26 August 2014 in order to devote more time to focus on other business commitments.

Mr. George Jay Hambro has been appointed as a member of the Nomination Committee in place of Mr. Yamamoto with effect from 26 August 2014.