Concord Medical Services Holdings Limited announced changes in its board of directors. Mr. Denny Lee resigned from his position as an independent director of the Board, the chair of the audit committee and a member of the compensation committee of the Board. Mr. Qing Pan resigned from his position as a director of the Board. Mr. Lee and Mr. Pan have confirmed that they have no disagreement with the Board. On May 20, 2021, Mr. Boxun Zhang was appointed as an independent director of the Board, the chair of the audit committee and a member of the compensation committee of the Board. On the same day, Mr. Yue Yu was appointed as a director of the Board. Mr. Zhang currently serves as the chief investment officer of Jiaxin Jinhe Investment Management Co. Ltd. Mr. Yu currently serves as the chief executive officer and partner of WisdoMont Asset Management (Shanghai) Co. Ltd.