The board of directors of China Resources Pharmaceutical Group Limited announced that, with effect from 14 January 2022: Mr. Han Yuewei (Mr. Han) has resigned and ceased to be the chief executive officer. Mr. Bai Xiaosong (Mr. Bai) has been appointed as the chief executive officer. Mr. Bai Xiaosong, aged 50, served as a vice president of CR Sanjiu from June 2021 to December 2021.

Mr. Bai served as an assistant general manager of China Resources Snow Breweries (China) Co. Ltd. from March 2016 to October 2018 and served as a deputy general manager of CR Snow Breweries from October 2018 to June 2021.