The board of directors of Harmonicare Medical Holdings Limited announced that, the following changes take effect from 24 August 2020: Mr. Kong Aiguo ("Mr. Kong") has resigned as an independent non-executive director of the Company, as well as the chairman of the remuneration committee, and a member of each of the audit committee and the nomination committee of the Board; and Ms. Hsu Wai Man Helen ("Ms. Hsu") has been appointed as an independent non-executive director of the Company, as well as the chairman of the remuneration committee, and a member of each of the audit committee and the nomination committee of the Board. Mr. Kong has resigned as an independent non-executive director of the Company, as well as the chairman of the remuneration committee, and a member of each of the audit committee and the nomination committee of the Board due to his dedication to his own business engagement, with effect from 24 August 2020. Mr. Kong has confirmed that he has no disagreement with the Board, and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Ms. Hsu, aged 50, has over 20 years' experience in accounting. Ms. Hsu graduated from The Chinese University of Hong Kong with a bachelor's degree in business administration. Ms. Hsu had been working in Ernst & Young for 18 years and was a partner of Ernst & Young before she retired from the firm in February 2011. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and a member of the American Institute of Certified Public Accountants.