The board of directors of Guolian Securities Co., Ltd. announces that (i) Ms. Lin Fanyu ("Ms. Lin") has tendered her resignation as the company
secretary of the Company and ceased to act as an authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (ii) Ms. Wong Wai Ling ("Ms. Wong") has tendered her resignation as the authorised person of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 19A.13(2) of the Listing Rules for accepting service of process or notices on behalf of the Company in Hong Kong (the "Process Agent"), with effect from 27 October 2022. Ms. Lin and Ms. Wong confirmed that they have no disagreement with the Board and there is no other matter relating to their resignations that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. Ms. Zhang Xiao"Ms. Zhang") has been appointed as a joint company secretary (the "Joint Company Secretary"), an Authorised Representative and the Process Agent of the Company, with effect from 27 October 2022; and Ms. Hui Yu("Ms. Hui") has been appointed as a Joint Company Secretary of the Company. As Ms. Hui does not possess the requisite qualifications under Rule 3.28 of the Listing Rules, the Company will apply to the Stock Exchange for a waiver from strict compliance with the requirements under Rules 8.17 and 3.28 of the Listing Rules (the "Waiver"). The appointment of Ms. Hui will take effect from the date when the Waiver is granted by the Stock Exchange. The biographical details of Ms. Hui and Ms. Zhang are set out as follows respectively: Ms. Hui holds a Bachelor ' s Degree in Economics from the Nanjing University and a Master's Degree in Economics from the University of Illinois at Urbana-Champaign in the United States. She joined the Company in 2012 and held various positions in the Company successively: from August 2012 to August 2019, she served as a business manager, a senior business manager and the person in charge of the ongoing supervision business of the over- the-counter ("OTC") market department of the Company; from September 2019 to April
2020, she served as a senior vice president of Hua Ying Securities Co., Ltd.* a wholly-owned subsidiary of the Company; and from May 2020 to September
, 2022, she served as a credit assessor for a stock-pledged repurchase business of the Wealth Management Headquarters of the Company. Ms. Hui currently serves in the Board Office of the Company.