The board of directors of China Grand Pharmaceutical and Healthcare Holdings Limited announced that Dr. Zhang Ji has resigned as an executive Director due to his decision to devote more time to his personal endeavours with effect from 11 November 2016. The Board announced that Dr. Niu Zhanqi has been appointed as an executive Director with effect from 14 November 2016. Dr. Niu Zhanqi is currently an executive president of the Pharmaceutical Management Headquarters of China Grand Enterprises Incorporation.