The board of directors of Bank of Zhengzhou Co., Ltd. announced that Mr. XIA Hua has resigned from the Bank as an executive Director, the vice chairman of the Board, the secretary to the Board, the joint company secretary (the "Joint Company Secretary"), an authorized representative (the " Authorized Representative") of the Bank under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), a member of the strategic development committee and a member of the consumer rights protection committee of the Board with effect from July 11, 2023 due to job reallocation. Immediately following Mr. XIA's resignation as the Secretary to the Board, the Joint Company Secretary and an Authorized Representative, the Board further announces that Mr. ZHAO Fei ("Mr. ZHAO"), an executive Director and the president, will perform the duties of the Secretary to the Board. Dr. NGAI Wai Fung ("Dr. NGAI"), another Joint Company Secretary of the Bank who possesses academic and professional qualifications as required under Rule 3.28 of the Listing Rules, will remain and serve as the company secretary of the Bank.

Mr. ZHAO has been appointed as an Authorized Representative with effect from July 11, 2023. Accordingly, the Authorized Representatives of the Bank are Mr. ZHAO and Dr. NGAI upon the change. CHANGES TO COMPOSITION OF BOARD COMMITTEES: Immediately following Mr. XIA's resignation as a member of the strategic development committee and a member of the consumer rights protection committee of the Board, on July 11, 2023, the Board has also approved the appointment of Mr. LIU Bingheng as a member of the strategic development committee and a member of the consumer rights protection committee of the Board.