The board of directors of JF Wealth Holdings Ltd. announced that, due to personal reasons, Mr. QIAN Di (Mr. Qian) has tendered his resignation as (i) the joint company secretary of the Company (ii) the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and (iii) the chief financial officer of the Company, all with effect from November
10, 2023. The Board announced that, following the resignation of Mr. Qian, Mr. TAO Qitao (Mr. Tao) has been appointed as the Joint Company Secretary with effect from November 10, 2023. Mr. Tao will act as the Joint Company Secretary together with Ms. LEUNG Wing Han Sharon ("Ms. Leung"), another Joint Company Secretary. Mr. Tao has also been appointed as the Authorised Representative with effect from November 10, 2023. Mr. Tao, aged 34, has over 12 years of experience in legal profession and corporate governance, and has developed a good understanding of the Listing Rules and the relevant Hong Kong regulatory requirements. Prior to joining the Company in June 2023, Mr. Tao served as a legal specialist or head of risk control and compliance department respectively in several companies from July 2011 to July 2017. He served as a comprehensive legal specialist of Yintech Investment Holdings Limited from July 2017 to June 2023. He has served as a comprehensive legal specialist of the Company since June 2023. During his prior experience, Mr. Tao was deeply involved in many regulatory matters of listed companies' compliance. Mr. Tao passed the National Judicial Examination and has obtained legal qualification, fund qualification and futures qualification in the People's Republic of China. Mr. Tao obtained his bachelor's degree in law from Shanghai University of Political Science and Law in July 2011 in the PRC and his master's degree in law from East China University of Political Science and Law in December 2016 in the PRC.