The board of directors of China Resources Phoenix Healthcare Holdings Company Limited hereby announced that Ms. Cheng Hong has resigned as an independent non-executive Director, the chairman of the Nomination Committee and a member of the Audit Committee due to other business commitments, Mr. Sun Jianhua has resigned as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee due to other business commitments, Ms. Chiu Kam Hing Kathy has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and Mr. Kwong Kwok Kong, an independent non-executive Director and the chairman of the Audit Committee, has been appointed as a member of the Nomination Committee, with effect from March 23, 2018. Mr. Lee Kar Chung Felix, an independent non-executive Director, a member of the Nomination Committee and a member of the Remuneration Committee, has been re-designated as the chairman of the Nomination Committee, with effect from March 23, 2018.