On September 16, 2020, the Board of Directors of Fuwei Films (Holdings) Co., Ltd. accepted Mr. Jiangua Zhang's resignation as the Company's director and as a member of the Audit Committee, effective September 21, 2020 and appointed Mr. Lihang Geng to serve as a member of the Board of Directors of the Company. In addition, the Board of Directors appointed Mr. Geng to serve as a member of the Audit Committee, effective September 22, 2020. The resignation of Mr. Zhang was not due to any disagreements between Mr. Zhang and the Company on any matter relating to the Company's operations, policies or practices. Mr. Lihang Geng has been the professor and doctoral supervisor of Civil, Commercial and Economic Law School in China University of Political Science and Law since May 2017.