The board of directors of Bank of Jinzhou Co., Ltd. (the “Bank”) announced that Ms. Liu Hong (“Ms. Liu”) has tendered her resignation letter to the Bank to resign as the president of the Bank due to her personal health reasons. Ms. Liu will serve as a non-executive director of the Bank and continue to perform her duties as a director after her resignation as the president of the Bank. The Board announced that Mr. Guo Wenfeng (“Mr. Guo”) has been appointed as the president of the Bank, which will take effect from the date of approval on his qualification of appointment by relevant regulatory authorities. Mr. Guo Wenfeng has over 25 years of experience in the banking industry. Since August 1993, Mr. Guo has successively held various positions at Liaoning branch of Industrial and Commercial Bank of China (“ICBC”). He was successively appointed as the vice-general manager of the capital operation department and the vice-general manager (chairing the work) of Liaoning branch of ICBC in June 2002, as the vice-general manager (chairing the work) of the assets and liabilities management department of Liaoning branch of ICBC in October 2006, as the general manager of the assets and liabilities management department of Liaoning branch of ICBC in April 2007, as the president and party secretary of Chaoyang sub-branch of Liaoning branch of ICBC in December 2010, as the president and party secretary of Panjin sub-branch of Liaoning branch of ICBC in March 2016, and as the vice-president and party secretary of Liaoning branch of ICBC in December 2016.