China Regenerative Medicine International Limited announced that Dr. Ray Yip has tendered his resignation as a non-executive Director with effect from 30 January 2020 to devote more time and attention to his personal businesses. Dr. Yip has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board also announces that Ms. Wang Danjuan has tendered her resignation as an independent non-executive Director with effect from 30 January 2020 to devote more time and attention to her personal businesses. Following the resignation of Dr. Yip, Mr. Tsang Ho Yin has been appointed as a non-executive Director and a member of the remuneration committee of the Board with effect from 30 January 2020. The board also announced that Ms. Huo Chunyu has been appointed as an independent non-executive Director, and a member of each of the audit committee, remuneration committee and nomination committee of the Board.