The board of directors of Tianda Pharmaceuticals Limited announced that Mr. LIU Huijiang (Mr. LIU) resigned as executive director of the Company with effect from 23 March 2016 in order to devote more time on his personal matters. The Board announced that Mr. FENG Quanming (Mr. FENG) has been appointed as non-executive director of the Company with effect from 23 March 2016. Mr. FENG joined Hongta in July 2001.

During the period from August 2007 to September 2014, he took various positions in the finance department of Hongta, including deputy head of industrial finance division, head and deputy head of asset management division and head of general management division.