The board of directors of Bank of Jiujiang Co., Ltd. (the "Bank") announced that, due to limited capacity, Ms. Cai Liping ("Ms. Cai") has resigned as the executive director of the Bank and the chairman of the Consumer Rights Protection Committee of the Board. The Board of the Bank has received the written resignation letter from Ms. Cai on 26 October 2020 and her resignation took effect immediately. The Bank will appoint a suitable director and member of the Board Committee aforementioned as soon as possible to meet the minimum requirement under the relevant terms of reference.