The board of directors of Rici Healthcare Holdings Limited announced that in accordance with the articles of association of the company, the Board has resolved that Ms. Wang Yan, the financial controller of the company, has been appointed as the chief financial officer of the company with a term of office from May 5, 2017 to May 4, 2018 which shall be renewed automatically upon expiry subject to the Board's consent. As the chief financial officer of the Company, Ms. Wang will be responsible for managing the company's financial operations. The Board further announced that with effect from May 5, 2017, Ms. Cai Di resigned as a vice president and the chief financial officer of the company to enable her to devote more time to her personal matters and other business opportunities.