The board of directors of China Galaxy Securities Co., Ltd. has received the written resignation letter from Mr. Jiang Yuesheng on 15 January 2024. As Mr. Jiang Yuesheng has attained statutory retirement age, he tendered his resignation as a non-executive director, employee director, member of the Compliance and Risk Management Committee of the Board of the Company, with effect from 15 January 2024. Upon the resignation from the aforesaid positions, Mr. Jiang Yuesheng will not hold any position in the Company and its controlled subsidiaries.

Mr. Jiang Yuesheng has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the Company.