Coslight Technology International Group Ltd. announced that Dr. Jiang Zhao Hua has tendered his resignation as independent non-executive Director, Chairman of the remuneration committee and member of the audit committee of the company with effect from July 23, 2012, in order to pursue his personal career development. The Board announced that Dr. Yin Ge Ping has been appointed as an independent non-executive Director, Chairman of the remuneration committee and member of the audit committee of the company with effect from July 23, 2012. Dr. Yin Ge Ping was appointed as an independent non-executive Director on July 23, 2012. Dr. Yin is currently the Associate Dean of HIT School of Chemical Engineering and Technology, and the Head of HIT Coslight Institute of Chemical Power Sources and HIT Key Provincial Laboratory of Chemical Power Sources and Metal Electrodeposition. Dr. Yin was appointed as an independent director of Harbin Coslight Storage Battery Company Limited on October 30, 2007 for a term of three years.