The board of directors of China Sunshine Paper Holdings Company Limited announced that Mr. Xu Ye has tendered his resignation to the board as an independent non-executive director of the company with effect from 27 January 2014 in order to devote more time to his personal endeavours. Mr. Xu confirms that he has no disagreement with the board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. The board would like to express its appreciation to Mr. Xu for his contribution made to the company throughout his tenure of service.

The board announced that Ms. Jiao Jie has been appointed as an independent non executive director of the company with effect from 27 January 2014. Ms. Jiao, aged 33, is currently a joint company secretary and a general legal counsel of Artgo Mining Holdings Limited.