Kangmei Pharmaceutical Chairman Lai Zhijian Resigns; Ou Guoxiong Assumes Duties

Management
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Kangmei Pharmaceutical announced that Chairman Lai Zhijian has resigned from his positions as chairman and director due to work adjustments, and will no longer hold any position at the company. The board has elected director and general manager Ou Guoxiong to act as chairman and legal representative until a new chairman is elected. Meanwhile, the controlling shareholder has nominated Meng Jun as a candidate for non-independent director of the tenth board of directors, pending review by the shareholders' meeting.

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