The board of directors of SinoMab BioScience Limited announced that Mr. Shanchun WANG (Mr. Wang) has been appointed as an executive director of the company with effect from 7 February 2024. Mr. Shanchun WANG, aged 56, has been serving as the President (China) of the Company since the fourth quarter of 2022, and is mainly responsible for overseeing and managing the overall operation, as well as clinical development, of the Group in China. Mr. Wang also acts as a director and the legal representative of each of MediNexus Pharma (Shanghai) Limited and SinoMab Biopharmaceutical (Nanjing) Limited, and the legal representative of MediNexus Pharma (Suzhou) Limited and MediNexus Pharma (Beijing) Limited.

Mr. Wang has over 33 years extensive experience in the pharmaceutical industry. Prior to joining its Group, Mr. Wang served as the executive director of Sino Biopharmaceutical Limited (shares of which are listed on the Stock Exchange of Hong Kong Limited during April 2015 to November 2022, and the president of Chia Tai-Tianqiang Pharmaceutical Holdings Co. Ltd. during January 2015 to January 2022.

During Mr. Wang's tenure in CT Tianqing from January 1997 to January 2022, he took up positions of deputy chief engineer, chief engineer, vice president, executive vice president and president. He has rich experience and practical achievements in corporate strategic management, organizational management, innovation research and development and product commercialization. Mr. Wang has been given various awards such as National Model Worker, Technology Advanced Worker of Jiangsu Province, Model Labour of Jiangsu Province, Shanghai Technology Advancement First Honour, Outstanding Entrepreneur of Jiangsu Province, Young and Middle-aged Expert with Outstanding Contribution of Jiangsu Province, Jiangsu Advanced Individual with Outstanding Contribution in Manufacture, and National Distinguished Leader in Pharmaceutical Quality Management, granted with the special allowances by the State Council and elected as a representative of the 13th People's Congress of Jiangsu Province.

Mr. Wang graduated from Nanjing University of Chemistry in 1990 and studied pharmaceutical engineering at Tianjin University from 1999 to 2022 and obtained a Master's Degree.