Concord Medical Services Holdings Limited announced the resignation of Mr. Zhe Yin and Ms. Yan Sui as directors of the Company. Both of Mr. Yin and Ms. Sui submitted their resignations to the Board for personal reasons. In addition, Concord Medical's board of directors has appointed Mr. Chuang Shang-yan as a director of the Company, effective from July 21, 2017. Mr. Chuang has more than 13 years of experience in financial services. Mr. Chuang has served as Chief Financial Officer of Noah Holdings Limited since September 2016. Mr. Chuang joined Noah Holdings Limited as Director of Investment Relations and Corporate Development in March 2011. In 2012, he founded Noah Holdings (Hong Kong) Limited and served as its Executive Director and Chief Executive Officer until January 2016. Prior to joining Noah Holdings Limited, Mr. Chuang was a senior executive at Bank of America Merrill Lynch in the Investment Banking Division and Asia Private Equity Division from 2003 to 2011 based in Hong Kong.