Shenwan Hongyuan (H.K.) Limited announced that on 10 August 2019, Mr. Zhu Minjie will resign as Chairman of the Board, Executive Director and Chairman of the Nomination Committee of the company; Mr. Chen Xiaosheng will be appointed as Chairman of the Board and Chairman of the Nomination Committee of the company, to succeed Mr. Zhu Minjie; and Ms. Wu Meng will be appointed as Executive Director of the company. Ms. Wu Meng, currently serves as the General Manager of the International Business Division and the Head of the Board Office of Shenwan Hongyuan Securities Co. Ltd.