Tianjin TEDA Biomedical Engineering Company Limited announced Mr. Hao Zhihui will retire as an executive director at the EGM with effect from the conclusion of the EGM due to his retirement and will not offer himself for re-election. The number of members of the Board does not meet the requirements of the Company's Articles of Association as it has not yet identified a suitable candidate to succeed as an executive director. The Board will identify a suitable candidate to serve as an executive director as soon as practicable in order to comply with the requirements of the Company's Articles of Association.