The board of directors of Biostime International Holdings Limited announced that Ms. Kong Qingjuan has tendered resignation to the Board as an executive director of the company with effect from 21 January 2016 due to devote more time to pursue her personal engagements. The board also announced that Mr. Radek Sali has been appointed as executive director of the company with effect from 21 January 2016. Mr. Sali is currently the chief executive officer and a director of Swisse Wellness Group Pty Ltd.