Summary of THT HEAT TRANSFER TECHNOLOGY, INC.

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On September 29, 2012, Mr. Jianjun He resigned as the Chief Financial Officer of THT Heat Transfer Technology, Inc. (the "Company"), effective immediately. The resignation of Mr. He is not in connection with any known disagreement with the Company on any matter. On September 29, 2012, the Board of Directors of the Company appointed Mr. Zhigang Xu as the Interim Chief Financial Officer, until a permanent Chief Financial Officer is appointed.

Mr. Zhigang Xu. Mr. Xu has worked in different positions in the Company's subsidiaries Siping City Juyuan Hanyang Plate Heat Exchanger Co. Ltd. ("Siping Juyuan") and Beijing Juyuan Hanyang Heat Exchange Equipment Co., Ltd. ("Beijing Juyuan") since 2000. Mr. Xu was Beijing Juyuan's accountant and Financial Director. He was also Siping Juyuan's Deputy Financial Director and CFO Assistant. From 1993 to 1999, Mr. Xu worked as an account at Siping Jiuyuan Heat Exchange Equipment Co., Ltd. Mr. Xu holds a Bachelor's Degree in Accounting from Jilin Industry University.

No family relationship exists between Mr. Zhigang Xu and any directors or executive officers of the Company. In addition, there has been no transaction, nor is there any currently proposed transaction between Mr. Xu and the Company that would require disclosure under Item 404(a) of Regulation S-K.