Shandong Xinhua Pharmaceutical Company Limited announced that Mr. Dou Xuejie, a deputy general manager of the Company, has tendered his resignation from the position of deputy general manager of the Company due to reaching the retiring age. Mr. Dou's resignation will become effective from 24 September 2019. Mr. Dou has confirmed that he had no disagreement with the Board during his term of office and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.