Ruifeng New Material: Deputy General Manager Chen Ligong resigns.

On May 14th, SinoFiber announced that the Board of Directors has recently received a written resignation letter from Mr. Chen Ligong, a director and vice general manager of the company. Due to personal reasons, Mr. Chen Ligong has resigned from his positions as director and vice general manager of the company. After resigning, Mr. Chen Ligong will no longer hold any other positions within the company.