The board of directors of China Cinda Asset Management Co., Ltd. announced that it received a resignation letter tendered by Mr. HE Jieping, a
non-executive director of the Company, on August 25, 2023. Due to his age, Mr. HE Jieping resigned as the non-executive director, the member of the Strategic Development Committee, the member of the Audit Committee and the chairman of the Risk Management Committee of the Board. The Board of the Company has passed a resolution that Mr. WANG Shaoshuang would perform the duties of the chairman of the Risk Management Committee of the Board.