TD Holdings, Inc. announced that on December 14, 2020, Mr. Jialin Cui resigned from his position as a director of the board of directors and chairman of the nominating and governance committee effective immediately. Mr. Cui’s resignation is not as a result of any disagreement with the Company relating to its operations, policies or practices. Effective December 14, 2020, the Board appointed Mr. Xiangjun Wang as a director of the Board, chairman of the Nominating Committee, a member of the audit committee and a member of the compensation committee of the Board, to fill the vacancy created by the resignation of Mr. Jialin Cui.