The board (the "Board") of directors (the "Directors") of Central China Securities Co., Ltd. (the "Company") received written resignation report from Mr. Zhang Xiaoqi, a non-executive Director of the Company, on 14 June 2023. Mr. Zhang Xiaoqi has tendered his resignation as a non-executive Director of the seventh session of the Board of the Company, a member of remuneration and nomination committee under the Board and a member of risk control committee under the Board due to his personal work arrangements. According to the provisions of the articles of association of the Company (the "Articles of Association"), the resignation of Mr. Zhang Xiaoqi shall become effective upon the Board has been served with his resignation report. The resignation of Mr. Zhang Xiaoqi will not cause the number of Directors of the Company to fall below the statutory quorum, but will constitute non-compliance of the requisite number of risk control committee member as stipulated in the Articles of Association and the Terms of Reference of Risk Control Committee. The Company will appoint a new member of the committee in accordance with
the relevant required procedure as soon as possible. Mr. Zhang Xiaoqi has confirmed that he has no disagreement with the Board of the Company and there are no other matters that need to be brought to the attention of the shareholders of the Company.