The board of directors of Tonic Industries Holdings Ltd. announced that Mr. He Jianya resigned as a member of the remuneration committee of the board, with effect from September 22, 2013. The board also announced that Ms. Wu Zhenqin was appointed by the board as a non-executive director of the company, and was elected as a member of the remuneration committee of the board, all with effect from September 22, 2013. According to the memorandum and articles of association of the company, Ms. Wu will hold office as a director until the first general meeting of the company after her appointment and shall then be eligible for re-election by the shareholders of the company at that general meeting.

Ms. Wu has been the chief financial officer of China Merchants Property Development Co. Ltd. since July 2013.