China Jo-Jo Drugstores, Inc. announced the appointment of Mr. Taihong Guo to, and the resignations of Ms. Shuizhen Wu and Messrs. Chong'an Jin, Mr. Bennet Tchaikovsky, Xiaomeng Yu and Baowen Zhao from, the company's Board of Directors. After these changes, the Board will be comprised of five directors, three of whom are independent.

The Board previously consisted of nine members. Since December 2012, Mr. Guo has been the President of the Zhejiang Province Pharmaceutical Industry Association. He was previously the Chief of the Hangzhou FDA from January 2003 to September 2009, and an Inspector from September 2009 to June 2012.

Mr. Guo will also serve as a member of the audit, compensation and nominating committees of the Board. Of the departing directors, Mr. Jin will continue to serve on the company as its Vice President, and Mr. Tchaikovsky will assist the company on a part-time basis as a consultant.