Shanghai Pharmaceuticals Holding Co., Ltd. announced that Mr. Zhou Jun, a newly elected non-executive director of the company, has been appointed as the chairman of the Board of the company and a member of the nomination committee of the Board with effect from 20 October 2016 until the expiry of the term of the sixth session of the Board. He has over 20 years of professional experience in securities, merger and acquisition, finance, real estate, project planning and corporate management. He is currently the chairman of the Board and a non-executive director of the company and does not hold any directorship in the subsidiaries of the company. He has been a president and an executive director of Shanghai Industrial Investment (Holdings) Co., Ltd. since September 2016 and May 2012, respectively. He has also been the vice chairman and the chief executive officer since August 2016.