China Industrial Securities International Financial Group Limited announces that Mr. Li Baochen ("Mr. Li") has tendered his resignation as an executive Director of the Company due to devote more time and energy to his other business commitments with effect from 6 December 2022. The appointment of Mr. Cai Junzheng ("Mr. Cai") as the executive Director of the Company has been approved at the EGM with effect from 6 December 2022.