Greentech Technology International Limited — Board/Management Information 2013

Mar 8, 2013

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

L’SEA RESOURCES INTERNATIONAL HOLDINGS LIMITED 利 海 資 源 國 際 控 股 有 限 公 司

(Incorporated in Cayman Islands with limited liability)

(Stock Code: 195)

RESIGNATION OF EXECUTIVE DIRECTOR AND CHAIRMAN, CHANGE OF CHIEF EXECUTIVE OFFICER AND

APPOINTMENT OF THE MEMBER OF REMUNERATION AND NORMINATION COMMITTEE

The Board hereby announces that, with effect from 8 March 2013:

• (1) Mr. Xie Hai Yu has resigned as an executive director and the chairman of the Company;

• (2) Mr. Pu Xiao Dong has resigned as a chief executive officer of the Company;

• (3) Mr. Nie Dong has been appointed as a chief executive officer and the member of Remuneration Committee of the Company; and

• (4) Mr. Chi Chi Hung, Kenneth has been appointed as the member of Nomination Committee of the Company.

RESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTOR OF MR. XIE HAI YU

The board of directors (the “Board”) of L’sea Resources International Holdings Limited (the “Company”) announces that Mr. Xie Hai Yu (“Mr. Xie”) has tendered his resignation as the executive director and the chairman of the Company with effect from 8 March 2013 due to his other business commitments.

RESIGNATION OF CHIEF EXECUTIVE OFFICER OF MR. PU XIAO DONG

The Board also announces that Mr. Pu Xiao Dong (“Mr. Pu”) has resigned from the role of the chief executive officer of the Company with effect from 8 March 2013 due to his other business commitments. Mr. Pu will remain as the executive director of the Company.

Mr. Xie and Mr. Pu confirmed (i) they had no claim against the Company in respect of their resignation and there is no disagreement between them and the Board; and (ii) there are no matters that need to be brought to the attention of the Stock Exchange of Hong Kong Limited and the shareholders of the Company in relation to their resignations.

APPOINTMENT OF CHIEF EXECUTIVE OFFICER AND MEMBER OF REMUNERATION COMMITTEE OF MR. NIE DONG

The Board is pleased to announce that Mr. Nie Dong (“Mr. Nie”) has been appointed as chief executive officer and the member of remuneration committee of the company with effect from 8 March 2013.

Regarding of the director remuneration in the service agreement in relation to the directorships of Mr. Nie, the terms had been revised and is entitled to a monthly director’s fee of HK$80,000 and monthly director’s salary of HK$50,000 with a year-ended double pay bonus, which is fixed with reference to the market conditions and his duties and responsibilities with the Company with effect from 1 January 2013. Basically, the annual increment of Mr. Nie’s remuneration is not more than 20% but subject to the Board’s decision for the plan of his remuneration. In addition, Mr. Nie is entitled to the reimbursement of (i) all travelling, hotel, entertainment and other out-of pocket expenses reasonably incurred and (ii) the medical benefits, travel/personal accident insurance and directors/officer liability insurance provided by the Company. Mr. Nie may, at the discretion of the Board, be granted share options entitling him to subscribe for shares under any share option scheme from time to time adopted by the Company.

APPOINTMENT OF THE MEMBER OF NOMINATION COMMITTEE OF MR. CHI CHI HUNG, KENNETH

The Board is pleased to announce that Mr. Chi Chi Hung, Kenneth (“Mr. Chi”) has been appointed as the member of nomination committee of the company with effect from 8 March 2013.

The Company is identifying a suitable candidate to fill the vacancy of the chairman of the Company.

The Board would like to express sincere gratitude to Mr. Xie and Mr. Pu for their valuable contribution to the Company during his tenure and express its warmest welcome to Mr. Nie and Mr. Chi for their new appointments.

By the order of the Board L’sea Resources International Holdings Limited TSE WUN YING Company Secretary

Hong Kong, 8 March 2013

As at the date of this announcement, the Board comprises Mr. CHEUNG Wai Kuen, Mr. PU Xiao Dong and Mr. NIE Dong as executive Directors; Mr. CHEN Zhenliang and Prof. QIU Guanzhou as non-executive Directors and Mr. GAO Dezhu, Mr. KANG Yi and Mr. CHI Chi Hung, Kenneth as independent non-executive Directors.

Website: http://www.lsea-resources.com