With effect from 22 December 2017, Mr. Kim Eun Back (Mr. Kim) has resigned as an executive Director due to his other business commitments which require him to devote more time to handle. With effect from 22 December 2017, Mr. Xu Jian Chun (Mr. Xu) has been appointed as an executive Director. Mr. Xu has several years of investment experience in life sciences and technology area and has extensive experience in investment and operation in life sciences and technology area. Mr. Xu will enter into a director' s service agreement with the Company for a term of 3 years. With effect from 22 December 2017, Mr. Liu Tien-Tsai has relinquished his position as the Chairman of the Board but remains as an executive Director. Meanwhile, Mr. Xu Jian Chun has been appointed as the Chairman of the Board.