Yestar Healthcare Holdings Company Limited announced that Mr. Hartono James has tendered his resignation as the chief executive officer and has been redesignated from executive director to non-executive director of the Company with effect from 24 August 2022 as he would like to devote more time and dedication on strategic and financial planning of the Group. Upon such changes, Mr. Hartono is still acting as the chairman of the Company. Ms. Liao Changxiang, an executive director, has been appointed as the chief executive officer of the Company with effect from 24 August 2022.

The biographical details of Ms. Liao is set out below: Ms. Liao Changxiang, aged 48, joined the Group in 2007 and is primarily responsible for overseeing the finance, accounting and logistics of operations in subsidiary of the Company. She is also general manager of various subsidiaries of the Company and appointed as an executive director of the Company on 2 November 2020. Ms. Liao has over 20 years of experience in finance.

Prior to joining the Group, Ms. Liao was the chief financial officer of Guangxi Runyu Business and Trade Group Corporation from January 2003 to May 2007 and from March 1999 to March 2002, worked in Nanning Yangda Tank Factory. Ms. Liao obtained a Master of Business Administration from Guangxi University in June 2009.