Yunkang Group Limited announced that Mr. Zhou Weiqun ("Mr. Zhou") has tendered his resignation as a non-executive Director of the Company with effect from July 11, 2022 in order to devote more time to his personal endeavours. The Board announced that Dr. Wang Ruihua has been appointed as a non-executive Director of the Company with effect from July 11, 2022. Dr. Wang, aged 60, served as a director of MBA Education Center of Central University of Finance and Economics from July 2006 to September 2019, and served as the president of Business School of Central University of Finance and Economics from December 2012 to September 2019. Since September 2020, Dr. Wang has been serving as the executive president and a professor of the Central University of Finance and Economics, Greater Bay Area Research Institute. Dr. Wang has over 10 years of experience as director of listed companies. From April 2008 to April 2014 and from May 2015 to March 2021, Dr. Wang served as an independent director of Beijing Zhong Ke San Huan Hi-Tech Co. Ltd., the shares of which are listed on the Shenzhen Stock Exchange. From March 2011 to June 2017 and since September 2019, Dr. Wang served and has been serving as an independent
director of Anhui Gujing Distillery Company Limited, the shares of which are listed on the Shenzhen Stock Exchange. From February 2015 to May 2020, Dr. Wang served as an independent director of Harbin Gloria Pharmaceuticals Co. Ltd., the shares of which are listed on the Shenzhen Stock Exchange (stock code: 002437). Since December 2019, Dr. Wang has been serving as an independent director of Bank of Beijing Co. Ltd. Since March 2020, Dr. Wang has been serving as an independent director of BCEG Environmental Remediation Co. Ltd. Dr. Wang obtained his PRC certified public accountant certificate from the Chinese Institute of Certified Public Accountants in September 1996. In July 1983 and July 1987, Dr. Wang obtained his bachelor's and master's degrees in economics from Central Institute of Finance and Banking (currently known as Central University of Finance and Economics, respectively. In July 2003, Dr. Wang obtained his doctoral degree of management from Central University of Finance and Economics.