Polyard Petroleum International Group Limited announced Mr. Wang Yanhui has tendered his resignation as independent non-executive director of the company which will become effective from September 6, 2013. Upon his resignation, with effect from September 6, 2013, Mr. Wang will cease to act as the chairman of the Nomination Committee and a member of the Audit Committee and Remuneration Committee. The Board further announced that Ms. Xie Qun has been appointed as independent non-executive director of the company with effect from September 6, 2013.

With effect from September 6, 2013, Ms. Xie has also been appointed as the chairman of the Nomination Committee and a member of the Audit Committee and Remuneration Committee. Prior to joining the Group, Ms. Xie had over 25 years of experience in the profession of education. While devoting herself to the fields of higher education research, foreign literature studies and enterprise culture research, Ms. Xie participated and completed one national social science fund project and one national publishing fund project.

She was responsible for many research programs at provincial level as well as other academic projects, and published more than 10 academic books and textbooks and released over 20 research papers in literature on major local and international journals.