CNFinance Holdings Limited announced that the Company's Board of Directors accepted the resignation tendered by Mr. Ning Li and Mr. Peng Ge as directors of the Company, including any applicable board committee, effective immediately. Following their resignation, Mr. Li and Mr. Ge will not hold any position at the Company. The resignation of each of Mr. Li and Mr. Ge was due to personal reasons and changes in shareholding structure, respectively, and each of them confirmed that he has no disagreement with the Board.

The Board would like to take this opportunity to express its appreciation and gratitude to Mr. Li and Mr. Ge for their contributions and services to the Company.