Vitop Bioenergy Holdings Ltd. announced that Mr. Zhang Wen, currently an independent non-executive director, has been re-designated as an executive director of the company with effect from January 1, 2014. Following the re-designation of Mr. Zhang from an independent non-executive director to an executive director on January 1, 2014, Mr. Zhang will cease to be a member of the Audit Committee and the Remuneration Committee of the Board. The Board further announced that Mr. Deng Zhiqiang has been appointed as an independent non-executive director of the company with effect from January 1, 2014.

Mr. Deng has also been appointed as a member of the Audit Committee and the Remuneration Committee respectively with effect from January 1, 2014.