EXHIBIT 99.1 Shmuel Gurfinkel January 20, 2004 To The Board of Directors of Trimol Group, Inc. 1285 Avenue of the Americas, 35th Floor New York, NY 10019 Gentlemen: Please be advised that, effective as of the date hereof, I hereby resign as a member of the Board of Directors and as the Chief Financial Officer of Trimol Group, Inc. Sincerely, /s/ Shmuel Gurfinkel -------------------------- Shmuel Gurfinkel 4