China Biologic Products, Inc. announced Mr. Chong Yang Li and Ms. Sandy (Han) Zhang tendered their resignations after the Annual Meeting solely to comply with the company's Corporate Governance Guidelines. Upon the recommendation of the Governance and Nominating Committee, the Board accepted Mr. Li's and Ms. Zhang's resignations on August 7, 2012 with immediate effect. On the same date, the Board appointed Mr. Albert (Wai Keung) Yeung as a member of the Audit Committee to fill the vacancy resulted from Ms. Zhang's resignation, effective immediately.

On August 7, 2012, the Board also appointed Mr. Ming Yang, the company's interim Chief Financial Officer, as the company's Chief Financial Officer, effective immediately. Mr. Yang joined the company on March 30, 2012 and has been serving as the company's Vice President-Finance & Compliance and Treasurer since then and the company's interim Chief Financial Officer since May 31, 2012.