Aoxing Pharmaceutical Company, Inc. announced that on August 4, 2017 Zheng James Chen resigned from his position as the Chief Financial Officer. On August 4, 2017, the Board of Directors appointed Guoan Zhang to serve as the Chief Financial Officer. Mr. Zhang has been the Registrant's Senior Vice President of Finance since June 2010 and Chief Accounting Officer since March 2010. Mr. Zhang also served as the Registrant's Acting Chief Financial Officer from July 2012 to December 2014 and November 30, 2015 to January 27, 2016.