The Board of Directors of Tongfang Kontafarma Holdings Limited announced that Mr. Wei Bingzhang has tendered his resignation as an executive Director of the Company and a member of each of the executive committee of the Board (the ‘Executive Committee’) and the share dealing committee of the Board (the ‘Share Dealing Committee’) with effect from 27 September 2021 in order to pursue other business commitments. The Board announced that Mr. Bai Pingyan (‘Mr. Bai’) has been appointed as an executive Director and a member of each of the Executive Committee and the Share Dealing Committee with effect from 27 September 2021. The appointment of Mr. Bai was resolved by the Board on 27 September 2021 based on the endorsement of the Nomination Committee. Mr. Bai is currently the chief accountant of Shanxi Construction Investment Group Co. Ltd.