Yew Bio-Pharm Group, Inc. announced that on July 23, 2021, Mr. Zhiguo Wang resigned as Chief Executive Officer of the Company, due to personal reasons. While the Company considers possible replacement, the position of Chief Executive Officer will be filled by Ms. Guifang Qi. Ms. Qi has been as officer and director of the Company since its inception for 10 years ago. She is the wife of Mr. Wang, and she is a principal shareholder of the Company.