China Galaxy Securities Co., Ltd. announced that Mr. Wang Sheng has been serving as the Chairman of the Board, the legal representative of the Company, the Chairman of the Executive Committee, and the Chairman of the Strategy and Development Committee of the Board since 26 October 2023; and at the same time, he has been serving as the acting secretary of the Board in accordance with the Rules Governing the Listing of Stocks on the Shanghai Stock Exchange. According to the work arrangement, Mr. Wang Sheng will continue to hold the above positions and cease to act as the President of the Company effective from 24 November 2023. At the same time, according to the work arrangement, the board of directors of the Company has agreed that Mr. Xue Jun will serve as the President of the Company.

Xue Jun, male, born in February 1970. Mr. Xue Jun obtained a bachelor's degree in economics from Central Institute of Finance and Banking and a master's degree in business administration from Guanghua School of Management of Peking University in 1992 and 2012, respectively. Mr. Xue Jun worked as a staff member at Jingdu Certified Public Accountant Co., Ltd. from August 1992 to October 1997; he served as a principal staff member, the deputy division chief and a researcher of the Department of Public Offering Supervision of the China Securities Regulatory Commission from November 1997 to January 2008, an assistant to the President of Guosen Securities Co., Ltd. from February 2008 to April 2009, the deputy general manager of Qilu Securities Co., Ltd. from May 2009 to December 2011, and an assistant to the general manager of Shenyin & Wanguo Securities Co., Ltd. from January 2012 to December 2014; he was an assistant to the general manager of Shenwan Hongyuan Securities Co., Ltd. from January 2015 to April 2020 and concurrently served as the chief compliance officer of Shenwan Hongyuan Securities Co., Ltd. from April 2020 to September 2021.

He served as a member of the Party Committee of the Company from September 2021 to October 2021, and served as a member of the Party Committee, a Vice President, a member of the Executive Committee and the person in charge of accounting affairs of the Company from October 2021 to November 2023. He currently serves as a Vice Secretary of the Party Committee, the President, a Vice Chairman of the Executive Committee, and the person in charge of the accounting affairs of the Company.