The board of directors of China Sanjiang Fine Chemicals Company Limited announced that Pei Yu will be appointed as an independent non-executive Director and a member of the audit committee, the nomination committee and the remuneration committee effective from June 30, 2014. Pei has more than 15 years of experience in the legal field in China. Between July 1997 and August 2001, she worked in the Secondary Intermediate People's Court of Beijing and became a practising lawyer in September 2001.

In December 2004, she established Beijing Guang Chuan Law Firm and has been its partner since then. Ms. Pei is also a member of Protection of Lawyers' Rights Committee of the Law Association of Fengtai District, Beijing. Pei does not have any relationship with any directors, senior management, substantial or controlling shareholders of the company, and did not have any directorships in other listed public companies in the last three years nor has held any other position with the company and any of its subsidiaries.

Appointment of Chairman of the remuneration committee Mr. Mui Ho Cheung, Gary, an independent non-executive Director and a member of the audit committee and the remuneration committee, will be appointed as the chairman of the remuneration committee effective from June 30, 2014.