The Board of Directors of Shenyang Public Utility Holdings Company Limited announced the following appointments of the Chairman of the Board, members and chairman of the audit committee, member and chairman of the nomination committee, member and chairman of the remuneration committee, Chairman of the Board of Supervisors, President and Chief Financial Officer with effect from 13 February 2012: The board announced that Mr. An Mu Zong is appointed as the Chairman of the Board. Mr. An is also an executive director of the company. Currently, he is a chairman of the Board. Mr. Wong Kai Tat, Mr. Cai Lian Jun and Mr. Chan Ming Sun Jonathan are appointed as the members of the Audit Committee, while Mr. Wong is appointed as the chairman of the Audit Committee. Mr. Wong, Mr. Cai and Mr. Chan are also the independent non-executive directors of the company. Mr. Wong, aged 59, is an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Wong was an executive director of Great World Company Holdings and is currently the chairman of the Audit Committee of the company. Mr. Cai is currently retired. Mr. Chan, aged 39, is currently an associate director of Go-To-Asia Investment Limited, an independent non-executive director of Capital VC Limited and an independent non-executive director of China Data Broadcasting Holdings Limited. Mr. Chan is currently a member of both the Hong Kong Institute of Certified Public Accountants and Certified Public Accountants, Australia. Mr. An, Mr. Wei Jie Sheng and Mr. Cai are appointed as members of the Nomination Committee, while Mr. An is appointed as the Chairman of the Nomination Committee. Mr. An is the Chairman of the Board and Mr. Wei and Mr. Cai are also the independent non-executive directors of the company. Mr. Cai, Mr. Bao Yi Qiang and Mr. Chan are appointed as members of the Remuneration Committee, while Mr. Cai is appointed as the Chairman of the Remuneration Committee. Mr. Bao is also a non-executive director of the Company and Mr. Chan and Mr. Cai are also the independent non-executive directors of the company. Mr. Bao was a project manager of auditing in Zhonglei Certified Public Accountants and currently serves as deputy general manager of Beijing Mingde Guangye Investment Consultant Company Limited. Mr. Wang Xing Ye is appointed as the Chairman of the Board of Supervisors of the company. Mr. Wang Xing Ye is also a supervisor of the company. Mr. Wang Xing Ye is currently the manager of the Division of Listing Rules Compliance in Beijing Beida Jade Bird Universal Sci-Tech Company Limited and the Chairman of the Board of Supervisors of the company. Mr. Wang Hui is appointed as the President of the company. Mr. Wang Hui is also an executive director of the company. Mr. Wang Hui has worked in the company since March 2002 and served as a non-executive director and a president of the company. Mr. Wang Zai Xing is appointed as the Chief Financial Officer of the company. Mr. Wang Zai Xing is also an executive director of the company. The appointments with the company are subject to retirement by rotation and re-election in accordance with the Articles of Association of the company.