The board of directors of Sinco Pharmaceuticals Holdings Limited announced that Mr. Chen David Yu and Mr. Philip Wong Yee Teng have been appointed as independent non-executive Director with effect from 19 January 2018. Mr. Chen has been an executive director and the vice chairman of the board of directors of Hengxing Gold Holding Company Limited, since March 2013 and the president of Hengxing since September 2013. Wong has been serving as chief executive officer since August 2017 and as executive director since September 2017 at Pine Capital Group Ltd.