The board of directors of YiChang HEC ChangJiang Pharmaceutical Co., Ltd. announced that it received a resignation letter tendered by Mr. ZHU Yingwei, resigning from his positions as a non-executive director of the company and a member of the nomination committee of the Board due to his physical conditions on 9 May 2017. The Board also announced that the board of supervisors of the company received a resignation letter tendered by Mr. LIN Jian, resigning from his position as a supervisor of the company due to changes in work on 9 May 2017. Since the number of members of the Board will not fall below the minimum quorum after the resignation of Mr. ZHU Yingwei, the resignation of Mr. ZHU Yingwei became effective since the date on which such resignation was tendered to the Board. The Board further announced that it has resolved to nominate Mr. ZHU Qiaohong as an executive Director, subject to approval by the Shareholders at the General Meeting. Mr. ZHU Qiaohong is the deputy general manager of the company. He joined the company in May 2002, and has served as the deputy general manager of the company since then. Upon his appointment as an executive Director, Mr. ZHU Qiaohong will also act as a member of the nomination committee of the Board with effect from the same date.