On December 30, 2016, the Board of Directors of Fuwei Films (Holdings) Co., Ltd. accepted Mr. Changrong Ji's resignation as the Company's director and as a member of the Audit Committee, a member of the Compensation Committee and the chairman and sole member of the Corporate Governance and Nominating Committee effective December 31, 2016 and appointed Mr. Junying Liu to serve as a member of the Board of Directors of the Company. In addition, the Board of Directors appointed Mr. Liu to serve as a member of the Audit Committee, a member of the Compensation Committee and the chairman and the sole member of the Corporate Governance and Nominating Committee effective December 31, 2016. The resignation of Mr. Ji was not due to any disagreements between Mr. Ji and the Company on any matter relating to the Company's operations, policies or practices.