The board of directors of CSPC Pharmaceutical Group Limited announced that with effect from 21 May 2019, Mr. PAN Weidong an executive director of the company, ceased as Vice-Chairman of the company and remains as executive director; Mr. WANG Zhenguo an executive director of the company, ceased as Vice-Chairman and Rotating Chief Executive Officer of the company and remains as executive director; and Mr. Zhang Cuilong an executive director of the Company, has been appointed as Vice-Chairman and Rotating Chief Executive Officer of the company.