The board of directors of China Agrotech Holdings Ltd. announced the establishment of a nomination committee on March, 2012. Messrs. Wu Shaoning, Wong Kin Tak and Li Yik San have been appointed as members of the nomination committee and Mr. Wu Shaoning, the chairman of the board, has been appointed as the chairman of the nomination committee with effect from March 28, 2012. The board is also announced the appointment of Mr. Li Yik Sang, an independent non-executive director, as a member of the remuneration committee of the company. Mr. Li Yik Sang has also been appointed as the chairman of the remuneration committee in place of Mr. Wu Shaoning. Mr. Wu Shaoning remains as a member of the remuneration committee. In addition, Mr. Zhang Shaoning resigned as a member of the remuneration committee. All the changes take effect from March 28, 2012.