China Resources Pharmaceutical Group Limited announced that Mr. Lin has resigned as a non-executive Director, a member of the Audit Committee and a member of the Remuneration Committee with effect from 27 December 2023 due to his other work arrangements. Mr. Lin has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that need to be brought to the attention of the holders of
securities of the Company. Mdm. Deng Rong, aged 45 has been appointed as an executive Director and a member of the Executive Committee on 27 December 2023, and she is currently the director of certain subsidiaries of the Company, a director of Jiangzhong Pharmaceutical Co. Ltd. also a director of Dong-E-E-Jiao Co. Ltd.and a supervisor of China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. She previously held various positions within China Resources Double-Crane Pharmaceutical Co. Ltd. from 2004 to 2020, including the Head of Financial Accounting and Tax Management Department at the Financial Management Center, General Manager of the Accounting Management Department at the Financial Management Center, General Manager of the CR Double-Crane Financial Management Center, General Manager of the Financial Shared Services Center, Director of
Accounting Management, General Manager of the Business Financial Management Department, and General Manager of the Financial Functional Management Department. She has also served as Vice President, Board Secretary, and Chief Financial Officer at Dong-E-E-Jiao from 2020 to
2023. Mdm. Deng holds a Bachelor's degree in Accounting from Central South University and a Master's degree in Management from Beijing Jiaotong University. She is a certified board secretary recognized by the Shenzhen Stock Exchange. Under the service contract with the Company, Mdm. Deng has no fixed term of service with the Company but will be subject to rotational retirement and re-election requirements at annual general meetings of the Company at least once every three years pursuant to the articles of association of the Company. The emoluments payable to Mdm. Deng are determined by the Board under the authority granted by the shareholders of the Company at annual general meeting and with reference to the
recommendation made by the Remuneration Committee, her duties and responsibilities with the Company, the Company's performance and market situation. Mdm. Deng will not receive director's fee from the Company. She is entitled to pre-tax basic monthly salary of RMB 70,100 from the Company based on her position, duties and responsibilities, as well as discretionary bonus and term-wide incentives based on the results performance of the Company and herself. Mr. Sun Yongqiang, aged 53, has been appointed as a non-executive Director and a member of the Remuneration Committee on 27 December 2023. He currently serves as a designated external director of business units of China Resources (Holdings) Company Limited. Mr. Sun joined China Resources Group in March 2001. From 2011 to 2023, he successively served as vice president, chief human resources officer and human resources director of China Resources Land Limited and also served as General manager and deputy general manager of China Resources Land
(Hunan) Co. Ltd. Mr. Sun holds a Bachelor's Degree in Engineering from Dalian University of Technology. There is no service contract entered into between Mr. Sun and the Company for his position as a non-executive Director. Mr. Sun shall hold office until the next general meeting of the Company
after his appointment and shall then be eligible for re-election at such meeting. Thereafter, Mr. Sun shall be subject to retirement by rotation at least once every three years at the annual general meeting pursuant to the articles of association of the Company. Mr. Sun will not receive any director's emolument from the Company. As at the date of this announcement, Mr. Sun beneficially owned 70,000 shares of China Resources Beer (Holdings) Company Limited, 30,000 shares of CR Land 50,000 shares of China Resources Mixc Lifestyle Services Limited and 92,000 shares of China Resources Medical Holdings Company Limited (an associated corporation of the Company and listed on the Main Board of the Stock Exchange, Stock Code: 1515). Save as disclosed above, Mr. Sun does not have any interest in the shares of the Company and its associated corporations within the meaning of Part XV of the SFO. Mdm. Guo, a non-executive Director, has been appointed as a member of the Audit Committee on 27 December 2023.