Lonking Holdings Ltd. announced that with effect from May 25, 2012, Mr. Zheng Kewen and Mr. Yin Kunlun have been appointed executive Directors while Mr. Jin Zhiguo has been appointed as an independent non-executive Director. Mr. Zheng, is currently the vice President as well as the general manager of excavator business segment of the company. Ms. Fang Deqin has retired by rotation as an executive director at the conclusion of the AGM. As approved by the Board of Directors, Mr. Yin Kunlun has been appointed as a member of the Executive Committee in place of Ms. Fang Deqin from the date of May 25, 2012.