The board directors of Dan Form Holdings Company Limited announced that a nomination committee has been established by the board with written terms of reference on 29 March 2012. Two of the independent non-executive directors, Mr. Jesse Nai Chau Leung and Mr. Edward Shen and the chairman of the board and an executive director, Mr. Dai Xiaoming, were appointed as members of the nomination committee and Mr. Dai Xiaoming was appointed as chairman of the nomination committee with effect from 29 March 2012.