The board of directors of China Regenerative Medicine International Limited announced that Mr. Wong Yiu Kit Ernest will resign as an independent non-executive Director with effect from 21 August 2019 as he would like to devote more time and attention to his other business engagements. Upon Mr. Wong's resignation, Mr. Wong will cease to act as the Chairman and a member of the Audit Committee of the Board and as a member of each of the Remuneration Committee and Nomination Committee of the Board. Mr. Wong has confirmed that he has no disagreement with the Board and that there are no other matters in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.