China Industrial Securities International Financial Group Limited announced that Mr. Huang Yilin has tendered his resignation as a non-executive Director due to work allocation with effect from 29 July 2022. The Board further announced that Mr. Huang has ceased to act as the chairman of the Board with effect from 29 July 2022. Mr. Hu Pingsheng has been appointed as the Non-executive Director and chairman of the Board with effect from 29 July 2022.

The Board further announced that with effect from 29 July 2022, Mr. Huang has ceased to act as the chairman of the nomination committee of the Company, and a member of each of the audit committee and the remuneration committee of the Company. Mr. Hu Pingsheng has been appointed as the chairman of the nomination committee of the Company, and a member of each of the audit committee and the remuneration committee of the Company with effect from 29 July 2022.