The board of directors of China Agrotech Holdings Limited announced that Mr. Cheung Ka Yue has been appointed as independent non-executive director, chairman of remuneration committee, member of audit committee and member of nomination committee of the Company with effect from 18 June 2014. Mr. Cheung has over 19 years of experience in finance, auditing, corporate management and commercial developments. Mr. Cheung is currently an executive director of a catering service company in Hong Kong.

Mr. Cheung is also a member of the Duanzhou Committee of the Chinese People's Political Consultative Conference of the People's Republic of China. The board also announced that Mr. Li Yik Sang resigned as independent non-executive director, chairman of remuneration committee, member of audit committee and member of nomination committee of the company with effect from 18 June 2014 as he would like to concentrate on his own profession and businesses. Mr. Li Yik Sang has confirmed to the board that he has no disagreement with the Board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the company.