The board of directors of Shanghai Pharmaceuticals Holding Co. Ltd. announced that Ms. LEUNG Suet Wing has resigned as one of the joint company secretaries and the agent for the acceptance of service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") due to work re-allocation, all with effect from 23 July 2021. Ms. LEUNG Suet Wing has confirmed that there is no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in relation to her resignation. The Board is pleased to further announce that Ms. LEUNG Shui Bing has been appointed as one of the joint company secretaries of the Company and the Process Agent, with effect from 23 July 2021. Ms. Chen Jinzhu ("Ms. Chen") will continue to serve as the other joint company secretary of the Company. Ms. LEUNG Shui Bing is a manager of the Listing Services Department of TMF Hong Kong Limited. Ms. LEUNG Shui Bing has over 15 years of professional experience in the company secretarial field. She is a member of the Hong Kong Institute of Chartered Secretaries and the Chartered Governance Institute in the United Kingdom.