China Traditional Chinese Medicine Holdings Co. Limited announced the resignation of Mr. WANG Xiaochun has resigned as the non-executive Director and deputy chairman of the Board with effect from 25 March 2022 due to personal health reason. Mr. WANG has vacated from the office as a member of each of the nomination committee and the strategic committee of the Company upon his resignation as a non-executive Director.

The Board announced that Mr. CHENG Xueren, the president of the Company, has been appointed as an executive Director and managing director of the Company, with effect from 25 March 2022. He will continue to be responsible for the implementation of the important policies and development strategies approved by the Board and has direct management responsibility for the daily operations of the Group. Mr. CHENG has also been appointed as a member of each of the Nomination Committee and Strategic Committee.

The Board hereby announces that Ms. LEUNG Suet Lun has resigned as one of the joint company secretaries of the Company due to work re-allocation, with effect from 25 March 2022. The Board further announces that Ms. NG Sau Mei has been appointed as the joint company secretary of the Company with effect from 25 March 2022. Mr. ZHAO Dongji will continue to serve as the other joint company secretary of the Company.