The board of directors of Sisram Medical Ltd. announced that Mr. Jianping HUA has tendered his resignation from the positions of executive director and chief financial officer of the Company with effect from 17 January 2019 due to his decision to pursue his personal development. The Board also announced that, with effect from 17 January 2019, Mr. Guojun BU has been appointed as an executive director and the chief financial officer of the Company. Mr. Bu, aged 43, has more than 20 years of financial management experience in medical and healthcare industry, in particular in finance operation, financing and investment activities.

Mr. Bu has been the vice president of Chindex Medical Limited and the vice president of the Medical Technology Division of Fosun Pharma, in charge of finance operation and financing and investment activities for medical device business, since January 2017 and January 2019, respectively. He has also acted as the general manager of the finance department of CML from January 2011 to December 2016.