Lingyuan Iron & Steel Co., Ltd. announced that at the 14th session of the 5th directorate meeting on May 22, 2013, the Directorate Decides to Dismiss Su Hui from the Position of General Manager as He was Appointed as Deputy General Manager of Lingyuan Iron & Steel Group Co., Ltd. (the Group) as well as Appoint Shen Xun General Manager; the Directorate Decides to Dismiss Yan Qingjun from Positions of Deputy General Manager and Chief Engineer as He was Appointed as Deputy General Manager of the Group. The Directorate appoints Yang Zongcheng Deputy General Manager, Secretary to Directorate Wen Guang Deputy General Manager, Wang Yunqi Deputy General Manager and Chief Engineer as well as Ma Yuming Deputy General Manager.