The board of directors of Harbin Bank Co., Ltd. recently received resignation letters from Mr. Zhang Taoxuan, Mr. Ma Pao-Lin, Mr. Chen Danyang and Mr. Peng Xiaodong, each a non-executive director of the Bank, that (i) due to other work arrangements, Mr. Zhang Taoxuan has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Development Strategy Committee under the Board of the Bank; (ii) due to work related reasons, Mr. Ma Pao-Lin has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Development Strategy Committee under the Board of the Bank; (iii) given Heilongjiang Tuokai Economic and Trading Company Limited, which nominated Mr. Chen Danyang as a non-executive director of the Bank, no longer holds any shares of the Bank, Mr. Chen Danyang has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Nomination and Remuneration Evaluation Committee under the Board of the Bank; and (iv) due to other work arrangements, Mr. Peng Xiaodong has tendered his resignation from the positions as a non-executive director of the Seventh Session of the Board and a member of the Audit Committee under the Board of the Bank, all with effect from 28 August 2020.