Announcement on the change of representative of corporate director

1.Date of occurrence of the change: Aug 03, 2020
2.Name of legal person: Sheng Chen Investment Co. Ltd
3.Name and resume of the previous position holder: Lung-Yeh Cho /Executive assistant of Hui Hong Investment Co. Ltd.
4.Name and resume of the new position holder: Yan Yun/ Board of director at Tanvex BioPharma, Inc
5.Reason for the change: reassignment of representative
6.Original term (from __ to __): Jun 27, 2019 to Jun 26, 2022
7.Effective date of new appointment: Aug 03, 2020
8.Any other matters that need to be specified: Resignation of Lung-Yeh Cho was effective starting from Jul 13, 2020