On September 4, 2018, Mr. Taihong Guo resigned from his position as a member of the Board of Directors of China Jo-Jo Drugstores, Inc. and from his positions on the following committees of the Board: Chairperson of the Compensation Committee, a member of the Audit Committee and the Nominating Committee. On September 4, 2018, by unanimous written consent, the company's Nominating Committee recommended and the Board appointed Mr. Jiangliang He as a member of the Board to fill Mr. Guo's vacancy. The Board has determined that Mr. He is "independent" as that term is defined under the Nasdaq listing standards. Mr. He will serve the remaining portion of Mr. Guo's term and shall be eligible for reelection (along with the Company's other directors) at the company's next Annual Meeting of Shareholders. Mr. He will fill Mr. Guo's positions on the following committees of the company's Board: Chairperson of the Compensation Committee and a member of the Audit Committee and the Nominating Committee. Mr. He has extensive experience as a professional attorney. On September 4, 2018, Ms. Li Qi resigned from her position as Secretary of the company. On September 4, 2018, by unanimous written consent, the company's Nominating Committee recommended and the Board appointed Mr. Yan Liu as Secretary of the company to fill Ms. Qi's vacancy. Mr. Liu from August 15, 2017 to August 1, 2018, Mr. Liu had been a project manager with Ping An Insurance (Group) Company of China Ltd.