Huatai Securities Co., Ltd. appointed Mr. Chen Zhibin as an Independent Non-executive Director of the fourth session of the Board. The term of office of Mr. Chen Zhibi shall expire at the end of the term of the current Board. Mr. Liu Hongzhong, an Independent Non-executive Director, shall serve as a member of the Audit Committee of the fourth session of the Board. The term of office of Mr. Liu Hongzhong shall expire at the end of the term of the current Board.