The board of directors of Fuyao Glass Industry Group Co., Ltd. announced that the secretary to the Board of the company has been changed from Mr. Chen Xiangming to Ms. Li Xiaoxi and Mr. Yang Chun-Han has been appointed as a vice president of the company. On March 19, 2016, Mr. Chen Xiangming tendered his resignation from the position as the secretary to the Board of the company due to re-division of functions of the management of the Company. The Board has accepted the resignation report of Mr. Chen Xiangming and the resignation became effective from March 19, 2016.

Mr. Chen Xiangming continues to serve as an executive director, the chief financial officer and a joint company secretary of the company subsequent to his resignation as the secretary to the Board. Mr. Chen Xiangming confirmed that he has no disagreement with the Board and that there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. He also confirmed that he does not have any action or claim, existing or pending, against the company.

Ms. Li Xiaoxi joined the Company in August 2015. She served as the brand manager of Branding Department, deputy general manager of VIP Department and deputy general manager of Marketing Department at Beijing Capital Airlines Co., Ltd. (Deer Jet) from February 2012 to August 2015.