The board of directors of the China Resources Pharmaceutical Group Limited announced that, with effect from 26 March 2021: Mr. Wang Shouye has resigned as a non-executive director of the Company; Mr. Lyu Ruizhi has resigned as a non-executive director and a member of the audit committee of the Company; Mr. Hou Bo has been appointed as a non-executive director of the Company; and Mr. Qing Mei Ping Cuo has been appointed as a non-executive director and a member of the audit committee of the Company. Mr. Hou Bo, aged 57, joined the Beijing State-Owned Capital Operation And Management Center ("BSCOMC") in 2019 and is currently an external task director of the BSCOMC. Mr. Hou has years of experience in financial management. He served as the director of the insurance and non-banking services department of the Beijing Municipal Bureau of Financial Work the director of the financial market department of the Beijing Municipal Bureau of Financial Work the deputy general ,manager (deputy bureau level) of the former Beijing Equity Exchange Center Co. Ltd. and member of the Party Branch and deputy general manager of Zhongguancun Equity Exchange Service Group Co. Ltd. Mr. Hou graduated from the department of mechanical engineering of Tsinghua University in 1986 with a bachelor of engineering degree in forging and pressing. He graduated from the department of business and economics of Capital University of Economics and Business with a master degree in foreign trade operations and management in 1997 and obtained a doctor of engineering degree in resources industry economics from the school of earth sciences and resources of the China University of Geosciences, Beijing in 2009. He is also a senior international business engineer.