The board of directors of Peijia Medical Limited announced that Bing Shang has tendered his resignation as a non-executive director of the Company, and ceased to be a member of the remuneration committee of the Company with effect from August 12, 2020. The Board further announced that Jun Yang has been appointed as a non-executive Director with effect from August 12, 2020. Yang is currently serving as the managing partner of Tianjin Yuanyi Yongxuan Management Center (Limited Partnership) and general manager of Grand Flight Investment Management Co. Ltd. Yang has been appointed a director of Baixing Co. Ltd. on September 2018.