Shandong Xinhua Pharmaceutical Company Limited announced that Mr. Ren Fulong (the non-executive Director of the ninth session of the Board), Mr. Du Guanhua and Mr. Li Wenming (the independent non-executive Directors of the ninth session of the Board) will retire upon the appointment of Directors of the tenth session of the Board being approved at the extraordinary general meeting of the Company (the "EGM"). Mr. Li Tianzhong, the supervisor of the ninth session of the Supervisory Committee, will retire upon the appointment of supervisors of the tenth session of the Supervisory Committee being approved at the EGM of the Company.