The board of directors of Lonking Holdings Ltd. announced that Mr. Han Xue Song has retired as an independent non-executive director, a member of the Remuneration Committee and Nomination Committee of the company and does not offer himself for re-election at the AGM of the company held on 28 May 2013. Mr. Han confirmed that there has no disagreement with the Board and there is no matter relating to his retirement that will need to be brought to the attention of the shareholders of the company.