The board of directors of Victory Securities (Holdings) Company Limited announced that Ms. Yao Yunzhu (Ms. Yao) has been appointed as an executive Director of the Company with effect from 26 October 2018. Ms. Yao joined the Company and was appointed as marketing manager of the Company in August 2018. Ms. Yao is an independent non-executive director of Pizu Group Holdings Limited from June 2017 till present.