China Rongsheng Heavy Industries Group Holdings Limited announced that with effect from 1 April 2012, the nomination committee of the company comprising Mr. ZHANG Xu Sheng, an independent non-executive director of the Company, as the chairman and Mr. ZHANG Zhi Rong, the chairman of the Board and non-executive director of the company, and Mr. CHEN Gang, an independent non-executive of the company, as members has been established. The company be effective on 1 April 2012, Mr. Zhang Zhi Rong has resigned as the chairman of the remuneration committee of the company but remains as a member of the remuneration committee, and Mr. CHEN Gang, an independent non-executive director of the company and a member of the remuneration committee, has been appointed as the chairman of the remuneration committee with effect from 1 April 2012.