Jingwei Textile Machinery Company Limited announced that Mr. Niu Hongjun to replace Mr. Zuo Yan An as the independent non-executive Director, member of the personnel nomination and remuneration committee, member of the audit committee and member of the strategy committee of the
Company, with a term commencing from the approval by the SGM to the expiry of the term of the 7th session of the Board, i.e. 15 August 2016. Mr. Niu has been teaching at business school of Beijing Technology and Business University since 2008, engaging in professional teaching of accounting and research; and is appointed as the financial consultant of Ministry of Commerce of the PRC since 2009. He has never been subject to any punishment by the China Securities Regulatory Commission and other competent authorities or censorship by any stock exchanges. His qualifications for appointment are in compliance with the qualifications for appointment required under the PRC Company Law, Measures of the Shenzhen Stock Exchange for the Registration of Independent Directors, and other pertinent laws and regulations.