Shandong Xinhua Pharmaceutical Company Limited's EGM has elected Mr. He Tongqing as executive director of the Company by cumulative voting for a period of 3 years with effect from the date of approval by the Shareholders; elected Mr. Cong Kechun as non-executive director of the Company by cumulative voting for a period of 3 years with effect from the date of approval by the Shareholders; elected Mr. Pan Guangcheng as independent non-executive director of the Company by cumulative voting for a period of 3 years with effect from the date of approval by the Shareholders; elected Mr. Zhu Jianwei as independent non-executive director of the Company by cumulative voting for a period of 3 years with effect from the date of approval by the Shareholders; and elected Mr. Liu Chengtong as supervisor of the Company by cumulative voting for a period of 3 years with effect from the date of approval by the Shareholders.