The board of directors of the Hengan International Group Company Limited announced that, with effect from 26 March 2020, the following changes in the senior management of the Company will take place: Mr. Xu Da Zuo will be appointed as the Chief Executive Officer of the Capital Operation and Investment Management Department of the Group and will cease to act as the Chief Financial Officer of the Group and the Chief Executive Officer of Services Share Centre (in charge of Finance Department, Asset and Property Management Department and Information System Department); and Mr. Li Wai Leung will be appointed as the Chief Financial Officer of the Group and will cease to act as the Deputy Chief Financial Officer of the Group.