Chongqing Rural Commercial Bank Co., Ltd. held the 2018 first extraordinary general meeting of the Bank on 21 September 2018, at which the resolution on the election of Mr. Zhang Peizong as an executive director of the Bank, and the resolution on the election of Mr. Zhang Qiaoyun as an independent non-executive director of the Bank were considered and approved. Since Mr. Zhang Peizong, the newly appointed executive director, and Mr. Zhang Qiaoyun, the newly appointed independent non-executive director, have officially taken office, Mr. Sun Leland Li Hsun will no longer serve as a member of the Risk Management Committee and a member of the Audit Committee of the fourth session of the Board, and Mr. Yin Mengbo will no longer serve as the chairman of the Nomination Committee, a member of the Strategic Development Committee, a member of the Audit Committee, and a member of the Related Party Transaction Supervision Committee of the fourth session of the Board, with effect from 25 December 2018.