The board of directors of Shanghai Realway Capital Assets Management Co., Ltd. announced that with effect from 15 March 2021, Ms. Su Yi has tendered her resignation as executive Director, authorised representative, chief financial officer and member of remuneration committee of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to devote more time on her personal business. Ms. Su will remain as a director and responsible officer of Realway (Hong Kong) Assets Management Limited, a wholly-owned subsidiary of the Company and a corporation licensed by the Securities and Futures Commission to conduct type 4 (advising in securities) and type 9 (asset management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of HongKong). By recommendation of the nomination committee of the Company, the Board approved the appointment of Ms. Chen Min, the chief risk management officer of the Company, as the executive Director, authorised representative under Rule 3.05 of the Listing Rules and member of remuneration committee with effect from 15 March 2021, who shall serve her office until the next annual general meeting at which Ms. Chen will be eligible for re-election. The Board hereby further announces that with effect from 15 March 2021, Mr. Sun Mao, the vice president of the Company, has been appointed as the chief financial officer of the Company responsible for the Group's accounting and financial management.