The board of directors of Kintor Pharmaceutical Limited announced that Ms. Xiaoyan Chen (Ms. Chen) has resigned as an non-executive Director of the Company with effect from 17 July 2020 due to pursuit of her personal commitments. The Board further announced that Mr. Wei Zhang (Mr. Zhang) has been appointed by the Board as a non-executive Director with effect from 17 July 2020. Mr. Zhang has joined in Shanghai Free Trade Zone Equity Investment Fund Management Co. Ltd. since May 2016, currently, is the supervisor and the deputy director of legal affairs of this company. He is simultaneously serving as the director of Suzhou Linhwa Medical Devices Co. Ltd.; the supervisor of Ideal Energy (Shanghai) Sunflower Thin Film Equipment Ltd.; the representative appointed by the managing partners of Ningbo Meishan Bonded Port District Zhiji Investment Management Partnership Enterprise (Limited Partnership) and Shanghai Zhulu Enterprise Management Consulting Center (Limited Partnership).