The board of directors of China Huirong Financial Holdings Limited announces that Mr. Zhang Changsong has tendered his resignation as the chief financial officer of the Company with effect from 8 February 2023, since he will focus on the management of the Ecology Finance Business Division of the Group. Mr. Zhang will remain as an executive director and a vice president of the Group. Mr. Zhang has confirmed that he has no disagreement with the Board and that there are no matters related to his resignation as the chief financial officer of the Company that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and/or the shareholders of the Company.