 Fuwei Films Holdings Co., Ltd. Nasdaq: FFHL, Fuwei or the Company, a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that Mr. Zengyong Wang had given notice of his resignation dated July 10, 2020, as the Companys Chief Executive Officer and Chairman of the Board of Directors, effective July 20, 2020. The Board of Directors of the Company accepted Mr. Wangs resignation on July 10, 2020 and appointed Mr. Lei Yan to serve as the Companys Chief Executive Officer and Chairman of the Board of Directors effective July 21, 2020. In addition, Mr. Benjie Dong gave his notice of resignation dated July 10, 2020, as the Companys Chief Financial Officer and director, effective July 20, 2020. The Board of Directors of the Company accepted Mr. Dongs resignation on July 10, 2020 and appointed Ms. Jingjing Cheng to serve as the Companys Chief Financial Officer and director effective July 21, 2020. In both cases, resignation was due to personal reason and not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. 