AmCad BioMed Corporation at its Annual Shareholder's Meeting held on May 18, 2023 approved the resignation of Lai Yu-Ju and Chen Wen-Hwa as Director, effective May 18, 2023. The company approved the resignation of Yang Yi-Cheng as Independent Director, effective May 18, 2023. Lai Yu-Ju is representative of Phytohealth Corp., Director and General Manager of Maywufa Company Limited.

Chen Wen-Hwa is representative of Maywufa Company Limited. The company approved the appointment of Wang Tsay-Ping as Director, effective May 18, 2023. The company approved the appointment of Li Hsueh-Yu and Lin She-Yi as Independent Director, effective May 18, 2023.

Wang Tsay-Ping is representative of Maywufa Company Limited., Chairman of the Ching-Kang Foundation for Pharmacy Promotion. Li Hsueh-Yu is Professor-level Attending Physician at Linkou Chang Gung Memorial Hospital. Lin She-Yi is Executive Director and Chief Executive Officer of the Northern Pharmaceutical Cultural and Educational Foundation.