The board of directors of China Environmental Resources Group Limited announced executive changes with effect from March 8, 2013. Mr. Cheung Ngai Lam resigned as an independent non-executive director and the chairman and member of audit committee, remuneration committee and nomination committee of the company. Mr. Chan Ka Yin has been appointed as an independent non-executive director, the chairman and member of audit committee, remuneration committee and nomination committee of the company.

Mr. Chan currently is the general manager of a corporate services company in Hong Kong.