On the evening of May 17, Chi-Wong Pharmaceutical announced on the Hong Kong Stock Exchange that Du Zhiqiang will retire as chairman and executive director after 23 years with the company; Elder was appointed as the new chairman. As proposed by the board of directors, Du Zhiqiang has agreed to act as the company's strategic advisor. Elder has been a non-executive director of the company since 2016. He is the executive director of Hutchison Water Israel E.P.C Ltd, a joint company of Changhe Group, which focuses on large-scale desalination and hydroelectric power projects.
和黄医药：杜志强退任主席及执行董事职务，将担任公司策略顾问
Hehuang Pharmaceutical: Du Zhiqiang retires as chairman and executive director and will serve as the company's strategic advisor
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