AnPac Bio-Medical Science Co., Ltd. announced that Dr. Aidong Chen has joined the company as its board director, Chief Executive Officer and Chairman of the Board of Directors. Dr. Aidong Chen has been a practicing physician and researcher for over 10 years. He has received over 20 global patents on his work and published 91 papers over his career.

Dr. Chen has been affiliated with many leading hospitals, including Yijishan Hospital, and Nanjing Medical University. He has replaced Dr. Chris Yu, Company's founder, who resigned as board director, CEO and Chairman of the Board of the Company. As head of China operations of the Company, Dr. Yu will remain with the Company in a senior management role to focus on growing business in China.

The Company will also be adding Sheng “Dorothy” Liu to the Board of Directors, who will be replacing Mr. Chao Feng. Ms. Liu is currently the CEO of Zhongjintai Venture Capital (Shenzhen) Co., Ltd., a venture capital firm in Shenzhen. She has worked in finance and consulting, including in private equity, for almost ten years.

Ms. Liu will be an independent director and will also serve as a member of the Compensation Committee and Chairperson of the Nominating Committee.