China Zheshang Bank Co. Ltd. announced the appointment of Mr. Ying Yuxiang as a non-executive Director of the sixth session of the Board. Mr. Ying Yuxiang 's term of office will take effect from the date of the approval by the Shareholders at the EGM and the ratification of his qualification by the NFRA, until the expiry of the term of the six session of the Board.

Upon his position being effective, the Bank will enter into a service contract with Mr. Ying Yuxiang. Pursuant to the proposed service contract, Mr. Ying Yuxiang will not receive any remuneration from the Bank. The company announced the appointment of Mr. Ma Xiaofeng as a shareholder representative Supervisor of the sixth session of the Supervisory Committee.

Mr. Ma Xiaofeng's term of office took effect from the date of approval by the EGM (i.e. December 19, 2023) and end on the date of expiry of the term of the sixth session of the Supervisory Committee. Upon the approval at the EGM, the Bank will enter into a service contract with Mr. Ma Xiaofeng. No remuneration will be received by Mr. Ma for serving as a shareholder representative Supervisor.