The board of directors of Evergrande Health Industry Group Limited announced that Mr. Shi Shouming has been appointed as an executive Director and chairman of the Board with effect from 11 May 2018. Mr. Shi Shouming has more than 20 years of experience in corporate management and the management of project development and operation. Prior to joining the company, he was the president of Hengda Real Estate Group. With effect from 11 May 2018, Ms. Tan Chaohui has resigned as an executive Director. Ms. Tan has also resigned from her position as the chairlady, an authorised representative, a member of the remuneration committee, a member of the corporate governance committee and the chairlady of the nomination committee of the Company. Ms. Tan has confirmed that she has no disagreement with the Board and that there are no any other matters in relation to her resignation that needs to be brought to the attention of the Stock Exchange and the Shareholders. Ms. Tan will be re-designated as a vice president of China Evergrande Group and will continue to serve China Evergrande Group. The Board would like to express its gratitude to Ms. Tan for her valuable contribution to the Company during her term of office.