The Board of Golden Meditech Holdings Limited announced that with effect from April 26, 2018, Mr. Feng Wen has been re-designated from an independent non-executive Director to an executive Director; Mr. Gao Yue has been re-designated from a non-executive Director to an independent non-executive Director; Mr. Feng Wen has ceased to act as a member and the chairman of the Remuneration Committee and the Nomination Committee and a member of the Audit Committee; and Mr. Gao Yue has been appointed as a member and the chairman of the Remuneration Committee and the Nomination Committee and a member of the Audit Committee in replacement of Mr. Feng Wen.