The board of directors of China Healthwise Holdings Limited announced that Mr. Diao Yunfeng has tendered his resignation as a non-executive Director of the Company on 28 October 2019 with immediate effect as he would like to devote more time to his other business commitments. The board announced that Mr. Cheung Kwok Wai Elton has been appointed as the Vice-Chairman of the Board and an executive Director with effect from 28 October 2019. Mr. Cheung has over 29 years of experience in the area of corporate finance and securities industries. Mr. Cheung is currently the chairman of the board of directors and an executive director of Global Mastermind Holdings Limited. Following the appointment of Mr. Cheung as the Vice-Chairman of the Board and an executive Director with effect from 28 October 2019, Mr. Leung Alex will cease to be the Vice Chairman of the Board but will remain as an executive Director.