The board of directors of China Regenerative Medicine International Limited announced that Dr. Zhang Bin has tendered his resignation as a non- executive Director with effect from 15 November 2019 to devote more time and attention to his personal businesses. Dr. Zhang 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. Following the resignation of Dr. Zhang, Mr. Wu Weiliang has been appointed as a non-executive Director with effect from 15 November 2019. Mr. Wu served as the general manager of Jiangsu Hengde Mechanical Company Limited between January 2000 and March 2004. Since March 2004, Mr. Wu has served as the chairman of Jinxin Group. Since December 2016, Mr. Wu has acted as a director of Jiangnan Rural Commercial Bank Company Limited. Mr. Wu was the representative of Changzhou to the National People's Congress. Mr. Wu is the president of the Changzhou Tianning District Real Estate Chamber of Commerce.