The board of directors of Xingye Copper International Group Limited announced that Mr. MAO Xuechang has been appointed as an independent non-executive director of the company and a member of the Audit Committee, Remuneration committee and Nomination Committee with effect from 26 May 2014. Pursuant to his letter of appointment with the Company, Mr. Mao's appointment is for a term of 3 years commencing on 26 May 2014, subject to retirement by rotation and re-election at annual general meetings of the Company at least once every three years according to the articles of association of the Company.