The board of directors of China Sunshine Paper Holdings Company Limited announced that Mr. Wang Junfeng and Mr. Zhang Licong have tendered their resignations to the Board as non-executive directors of the company with effect from 5 June 2015 in order to devote more time to their personal
endeavours. Mr. Wang and Mr. Zhang confirm that they have no disagreement with the Board and there is no matter relating to their resignations that need to be brought to the attention of the shareholders of the company. The Board also announced that Mr. Xu Leihua and Mr. Li Hengwen have been appointed as non-executive directors of the company with effect from 5 June 2015. Mr. Xu is currently a director and general manager of Hubei Mailyard Share Co. Ltd. He joined Hubei Mailyard in July 2000 and served as a vice general manager and secretary to the board. Prior to that, he served as the head of investment securities department of Daye Special Steel Co. Ltd. Mr. Li currently serves as the head of the finance department and the assistant of the general manager of China Shanshui Cement Group Limited. Prior to that, he had worked in Shandong Huide Certified Public Accounting Ltd. for ten years.