On August 11, 2016, the Board of Directors of Kiwa Bio-Tech Products Group Corporation accepted the resignation of Jimmy Ji Zhou as a director of the company with immediate effect. The Board is not currently planning a replacement for Mr. Zhou and the company's Board of Directors will thereafter comprise four members. Zhou submitted his resignation to pursue other interests.

Concurrently, Mr. Zhou has agreed to take a leave of absence from his employment with the company commencing August 11, 2016 through September 20, 2016. During his leave of absence, Mr. Zhou is relieved of all responsibilities as the company's President, Chief Executive Officer and Chief Financial Officer and such responsibilities shall be assumed by Yvonne Wang, the company's Chief Operating Officer. Effective August 11, 2016, the company's Board of Directors has assigned Wang the additional titles of Acting President, Acting Chief Executive Officer and Acting Chief Financial Officer.