Liaoning Oxiranchem, Inc. Announces the Election of Non-Independent Directors and Independent Director

Liaoning Oxiranchem, Inc. announced that at its extraordinary general meeting was held on August 17, 2013, the shareholders approved the appointment of Liu Zhaobin, Dong Zhenpeng, Sun Yude, Fan Xiaoping and Ma Weiguo as non-independent directors. The company's shareholders approved the appointment of Lin Muxi, Shi Xianping and Yu Yanqi as independent directors.