The board of directors of CSPC Pharmaceutical Group Limited announced that Mr. WANG Jinxu resigned as an executive director of the company with effect from August 30, 2018 due to restructure of the board, but he remains as the Senior Vice President of the company. Mr. WANG has confirmed that he does not have any disagreement with the board and there is no other matters related to his resignation that need to be brought to the attention of the shareholders of the company.