Orient Paper, Inc. announced that Mr. Winston Yen, has resigned from his position as the company's Chief Financial Officer for personal reasons, effective November 1, 2014. Mr. Yen will continue serving the company as a consultant to assist in the transition to a new Chief Financial Officer. The Board of Directors has appointed Ms. Jing Hao, the Chief Financial Officer of the company's operating entity, Hebei Baoding Orient Paper Milling Company Limited, as the company's Chief Financial Officer.

Ms. Jing Hao previously served Orient Paper, Inc. as its Chief Financial Officer from November 2007 to April 2009. The company also announced that Mr. Drew Bernstein, one of the company's independent directors and the chair of its Audit Committee, has resigned from his positions with the company for personal reasons, effective November 1, 2014. The Board of Directors has appointed Mr. Marco Ku as Mr. Bernstein's replacement as an independent director and Audit Committee Chairman.