The board of directors of King Stone Energy Group Limited announced that Mr. Li Peiming has resigned as an independent non-executive Director and members of audit committee, nomination committee and remuneration committee of the company with effect from 22 April 2014. The Board announced that Mr. Lu Binghui, the independent non-executive Director, has been appointed as the member of remuneration committee and nomination committee of the company, and Mr. Lee Ping, the independent non-executive Director, has been appointed as the member of audit committee of the company, all with effect from 22 April 2014.