The board of directors of AK Medical Holdings Limited announced that Mr. Li Wenming ("Mr. Li") has not offered himself for re-election as a non-executive director at the annual general meeting of the company held on 15 June 2020 (the "AGM") and retired from his office as a non-executive director at the conclusion of the AGM as he intends to spend more time on his personal business. Following the retirement as a non-executive director, Mr. Li ceased to be a member of the audit committee of the Board. Mr. Dang Gengting ("Mr. Dang"), being advanced in age, has voluntarily retired as an independent non-executive director at the AGM. Following the retirement as an independent non-executive director, Mr. Dang ceased to be a member of the nomination committee of the Board. The Board announced that Mr. Eric Wang ("Mr. Wang") has been appointed as an independent non-executive director of the company with effect from 15 June 2020. Mr. Wang is currently the general counsel of Asia Pacific region of NXP Semiconductors. The Board further announced that following the retirement of Mr. Li and Mr. Dang, Dr. Wang David Guowei ("Dr. Wang"), the non-executive director of the company, has been appointed as a member of audit committee with effect from 15 June 2020 and Mr. Kong Chi Mo ("Mr. Kong"), the independent non-executive director of the company, has been appointed as a member of nomination committee with effect from 15 June 2020.