Legend Holdings Corporation announced that Mr. WU Lebin and Mr. WANG Yusuo need more time to devote themselves to their personal business commitments, they will not seek re-election at the 2020 annual general meeting and will cease to be the Non-executive Directors upon the conclusion of the 2020 AGM. Mr. YANG will not offer himself for re-election as the Shareholder representative Supervisor at the 2020 AGM. Mr. YANG is currently the deputy secretary of the Party Committee of the enterprises of Chinese Academy of Sciences in the Beijing region, the vice-chairman and general manager of Chinese Academy of Sciences Holdings Co. Ltd. substantial Shareholder, a director of China Science Publishing & Media Ltd.