On September 7, 2016, the Supervisory Committee of Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited received the written resignation tendered by Mr. Wu Quan, the supervisor representing the employees of the Company. Mr. Wu has resigned since he has reached the legal age for retirement. Mr. Wu's resignation has come into effect on September 7, 2016. At the enlarged meeting of the Labour Union Committee of the Company held on September 1, 2016, Ms. Li Jinyun was elected to replace Mr. Wu as the supervisor representing the employees of the company, whose term of office has commenced from the date on which the resignation of Mr. Wu Quan (the former supervisor) has come into effect up to the date on which the term of office of the current session of the Supervisory Committee of the Company expires. Ms. Li, holds a bachelor's degree from the Party School. She is a senior professional of political work, an engineer and an economist. She is also a representative of the Chinese Communist Party, Guangzhou.