The board of directors of China Huirong Financial Holdings Limited announced that Mr. Chen Yannan has resigned as the chairman of the Board and the chairman of the nomination committee of the Company but remains as an executive Director, with effect from 1 June 2017 because he desires to devote more time to his family affairs and development. The Board announced that Mr. Wu Min, an executive Director, has been appointed as the chairman of the Board and the chairman of the Nomination Committee, with effect from 1 June 2017.