The board of directors of Hong Kong Shanghai Alliance Holdings Limited announced that Mr. Li Yinquan has been appointed as an independent non-executive director and a member of the audit committee and remuneration committee of the Company with effect from July 5, 2018. Mr. Li, aged 63, is currently an independent non-executive director of Universal Medical Financial & Technical Advisory Services Company Limited which is a company listed on the main board of The Stock Exchange of Hong Kong Limited.