Peter Li, Greg Huett and Larry Liu submitted his resignation as a director of the Board of Directors of Yuhe International, Inc. on January 7, 2013. They also constituted the Company’s audit committee. In their respective resignation letters, they each cited that their decision to resign was due to the failure by the Company and Company’s management to implement remedial measures demanded by the audit committee as a result of its investigation. At the time of their resignation, Mr. Li served as the chair of the Audit Committee, Mr. Liu served as chair of the Compensation Committee, and Mr. Huett served as chair of the Nominating Committee.

On July 20, 2012, Mr. Gang Hu resigned from the position of Chief Financial Officer of Yuhe International, Inc.

The NASDAQ Stock Market announced that it will delist the common stock of Yuhe International, Inc. The company's stock was suspended on July 21, 2011 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for the company. The delisting become effective ten days after the Form 25 is filed.