The board of directors of Kaisa Health Group Holdings Limited announced that with effect from 2 August 2019, Mr. Wang Wansong resigned as an independent non-executive Director and ceased to be a member of each of the audit committee, the remuneration committee and the nomination committee of the Company due to his decision to devote more time to other business engagements. Following the resignation of Mr. Wang, Mr. Lau Shui Fung has been appointed as an independent non-executive Director. He has over 20 years of extensive experience in accounting, auditing and finance gained from the high technology companies listed on the United States and Hong Kong. He had served as an independent non-executive director of the board of Nam Tai Property Inc., a company listed on the New York Stock Exchange from June 2018 to June 2019. Dr. Lyu Aiping, an independent non-executive Director, has also been appointed as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee.