The board of directors of Aceso Life Science Group Limited announced that with effect from 15 October 2021, Dr. Wang Yu has resigned as a non-executive Director as he would like to devote more time to his other business engagements. Dr. Wang has confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board would like to take this opportunity to express its sincere gratitude to Dr. Wang for his valuable contributions to the Company during his tenure.