The board of directors of Charmacy Pharmaceutical Co., Ltd. announced that the Strategic Development Committee of the company was established on 10 June 2017. The Strategic Development Committee is comprised of Mr. Yao Chuanglong (chairman of the Board and executive director), Mr. Zhou Tao (independent non-executive director) and Ms. Zheng Yuyan (executive director). Among the members, Mr. Yao Chuanglong chairs the Strategic Development Committee. The company also announced that from 10 June 2017 onwards, Mr. Yao Chuanglong ceases to chair the Nomination Committee, but remains as its member; and Mr. Zhou Tao, an independent non-executive director and an incumbent member of the Nomination Committee, is appointed as its chairman.