The board of directors of MOBI Development Co., Ltd. announced that Mr. Bao Fan has resigned as an independent non-executive director of the company due to his personal business affairs which require more of his attention and ceased to be a member of the remuneration committee, nomination committee and audit committee of the company, all with effect from 10 September 2013. The board announced that Mr. Li Guinian has been appointed as an independent non-executive director of the company and a member of the remuneration committee, nomination committee and audit committee of the company, all with effect from 10 September 2013. Mr. Li has served as the managing director and a general manager of Bengbu Investment Group Co., Ltd. Currently, he is a director of Guoyuan Agricultural Insurance Co., Ltd. and the vice-chairman of Auhui New Energy Association.

He is also a director of the board of Hefei University of Technology.