Central China Securities Co., Ltd. announced that Mr. Jian Mingjun, the chairman of the Company, has reached the statutory retirement age, and in accordance with the Notice of the Organisation Department of Henan Provincial Party Committee, Mr. Jian Mingjun shall retire due to having reached the retirement age. Recently, Mr. Jian Mingjun submitted his resignation report to the board of directors of the Company and applied for resignation from all positions of the Company including the Chairman of the Board, the executive Director, the Chairman of the Development and Strategy Committee under the Board, the Chairman of the Risk Control Committee under the Board and the Director of the Executive Committee. The resignation of Mr. Jian Mingjun will not result in the number of members of the Board of the Company falling below the statutory minimum quorum.

The Company will elect a new Chairman in accordance with the relevant provisions of the Company Law of the People's Republic of China and the articles of association of the Company. During his 15 years of service with the Company, especially since his appointment as the Chairman of the Board, Mr. Jian Mingjun adhered to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and conscientiously implemented the decisions and arrangements of the Henan Provincial Party Committee and the provincial government, united and led the Company's management team and all cadres and employees, and fulfilled his duties, diligence and responsibility, forged ahead with determination blazed new trails. He has led the Company to achieve successful listing in Shanghai and Hong Kong, promoted the transformation of the Company from a single brokerage business to diversified businesses such as wealth management, investment banking, investment and asset management, vigorously supported the business development of Shanghai Branch and other places, innovatively implemented the "three-in-one" financial service model of investment banking, investment and investment-loan linkage, made a lot of fruitful work in helping enterprises and local areas through equity and debt financing, and especially built a team of high-quality and capable cadres and employees, which enabled the Company to move on the track of stable and healthy development, and made positive contributions to the high-quality development of the Company.

He has been fully recognised by the organisation, and has won the respect of the Company's cadres and employees! The Board of the Company, the management team and approximately 3,000 cadres and employees of the Company would like to express their sincere gratitude to Mr. Jian Mingjun for his significant contributions to the development of the Company during his tenure of office! As the appointment of the new Chairman is subject to the relevant legal procedures, in order to meet the needs of the Company's operation and management, Mr. Jian Mingjun will continue to perform the duties of Chairman and Director until the new Chairman is elected.

The Company will elect a new Chairman as soon as possible. As at the date of this announcement, Mr. Jian Mingjun does not hold any shares of the Company.