The board of directors of Shenwan Hongyuan (H.K.) Limited announced that Mr. Zhang Jian was appointed as executive director of the company on 28 November 2018. Mr. Zhang Jian, currently serves as Assistant to General Manager of Shenwan Hongyuan Securities Co. Ltd. and General Manager of Shenwan Hongyuan Financing Services Co. Ltd. Prior to joining Shenwan Hongyuan Financing Services Co. Ltd. in November 2017, he worked for CITIC Securities Company Limited from July 2001 to October 2017 and held various positions in corporate finance division and merger and acquisition business division. He has more than 10 years' experience in corporate finance business. Mr. Chen Liqiang was appointed as independent non-executive director and a member of each of the audit committee, remuneration committee, nomination committee and risk committee of the Company on 28 November 2018. Mr. Chen Liqiang, is currently working in a financial institution with more than 10 years of finance experience. Mr. Chen has previously worked for the Department of Public Offering Supervision of the China Securities Regulatory Commission and served as Director of the Shanghai Stock Exchange.