Announcement of Jiangsu Yuyue Medical Equipment Co., Ltd. on the by-election of new employee supervisors

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.

On April 9, 2016, the Board of Supervisors of Jiangsu Yuyue Medical Equipment Co., Ltd. (hereinafter referred to as the “Company”) received a written resignation report from Mr. Yu Xiongfeng, the employee supervisor of the company. Due to the internal arrangement of the company, Mr. Yu Xiongfeng requested to resign as the employee supervisor of the company. After his resignation, Mr. Yu Xiongfeng is still the general manager of the company's rehabilitation and nursing division and the wheelchair business division. Mr. Yu Xiongfeng worked diligently during his tenure at the company. The Supervisory Committee expressed his gratitude to Mr. Yu Xiongfeng for his work during his tenure as supervisor.

In accordance with the "Company Law", "Securities Law", "Shenzhen Stock Exchange Listing Rules" and "Articles of Association" and other relevant regulations, in order to ensure the normal operation of the company's board of supervisors, the company held the first time in 2016 on April 9, 2016. The employee representative assembly, the meeting elected Ms. Gu Huiping (attached to the resume) as the employee supervisor of the third session of the Supervisory Committee, and the term of office of the third session of the Supervisory Committee expired during the term of office.

The number of supervisors who served as directors or senior executives of the company in the past two years did not exceed one-half of the total number of supervisors of the company. The supervisors nominated by single shareholders did not exceed one-half of the total number of supervisors of the company.

Special announcement.

Jiangsu Yuyue Medical Equipment Co., Ltd. Board of Supervisors

April 9, 2016

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