Yuanda China Holdings Limited announced that Mr. Wang Deqiang and Mr. Si Zuobao have voluntarily resigned as executive Directors of the company with effect from November 30, 2012. Both Mr. Wang Deqiang and Mr. Si Zuobao will remain as senior management of the company and save for their responsibilities as Directors of the company, they will continue with their normal job duties after the resignation. Each of Mr. Wang Deqiang and Mr. Si Zuobao has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.