Luye Pharma Group Ltd. announced that Mr. Pan Jian, Mr. Liu Dong and Ms. Wang Xin did not offer themselves for re-election as non-executive Directors at the AGM due to their business engagement/arrangements, and accordingly, they retired from office as the non-executive Directors upon the conclusion of the AGM. Mr. Pan Jian, Mr. Liu Dong and Ms. Wang Xin have confirmed that they have no disagreement with the Board and there is no matter that needs to be brought to the attention of the Shareholders in relation to their retirement from the Board.