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Aesthetic Medical International Holdings Group Limited Announces Changes to Board of Directors

Shenzhen, March 06, 2020 (GLOBE NEWSWIRE) — Aesthetic Medical International Holdings Group Limited (the “Company” or Nasdaq: AIH), a leading provider of aesthetic medical services in China, today announced appointment of Ms. Cathy Peng as a member of the Board of Directors of the Company effective March 6, 2020 to replace Mr. Zhang Jianbin who step down due to personal reasons. Mr. Zhang Jianbin served as a director of the Company from March 2012 to February 2020, during which the Company completed its initial public offering and listing on the Nasdaq Global Market.
Ms. Cathy Peng, holding an EMBA degree from University of Chicago, conducted business across the continents and has a long track record of business in key roles in various prestigious institutions. She currently is the chief executive officer of ROCS Global Inc., which is an executive consulting firm headquartered in Silicon Valley and specialized in talent recruiting and management, innovation, ecosystem and globalization. Prior to that, she, successively, served as a managing partner at IntelliProGroup, chief business development officer at Ethertronics Inc., general manager at Synocus International, a European management consulting firm, and director of marketing & channel strategies at Motorola, Inc.Dr. Zhou Pengwu, the Chairman and CEO of the Company, commented, “Mr. Zhang Jianbin had served as a director of the Company since March 2012 and, helped the Company implement corporate development strategies with respect to equity financing and mergers & acquisitions. We have built a solid foundation together for future growth. We appreciate his contributions and wish him the best in his next endeavor.”Dr. Zhou continued, “I am excited to welcome Ms. Cathy Peng to the Board of the Company. With her international vision and senior professionalism, I feel more confident in our team and our capability to continue building on the progress we’ve achieved over the past few years. I believe the Company has positioned well to seize the considerable opportunities in the aesthetic medical service market.”About Aesthetic Medical International Holdings Group Limited
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