The board of directors of Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited announced that Mr. Li Hong (‘Mr. Li') has been appointed as the general manager of the company; Mr. Wu Changhai (‘Mr. Wu'), an executive director of the company, has been appointed as the standing vice general manager of the company; and Mr. Zhang Chunbo (‘Mr. Zhang') has been appointed as the vice general manager of the company. Each of the above appointment came into effect on June 23, 2017. Mr. Li is currently a member of the party committee of GPHL and a party branch secretary of Guangzhou Haima Pharmaceutical Advertising Co.

Ltd. Mr. Zhang has been the vice general manager of the Company since January 2015, and is currently the chairperson and the general manager of Zhong Yi, the chairperson and the general manager of Guangzhou Baiyunshan Qi Xing Pharmaceutical Co. Ltd.