The board of Guotai Junan International Holdings Limited announced that due to business arrangements of the group, Dr. YIM Fung, the chairman of the board, an executive director and the chief executive officer of the company, has been re-designated as the chairman of the board and an executive director, and QI Haiying, an executive director and the deputy chief executive officer of the company, has been re-designated as an executive director and the chief executive officer, both with effect from December 14, 2021. QI Haiying is an Executive Director and the Deputy Chief Executive Officer since March 2015 and is currently responsible for the overall operation of the principal investment, structured solutions and derivatives, asset management businesses as well as Singapore business of the Group. QI is concurrently a member of the Risk Committee of the company and a director of various subsidiaries of the company. Between 2004 and 2012, QI worked for Shenzhen Supervision Bureau of the China Securities Regulatory Commission and was responsible for regulatory supervision of securities companies and listed companies. In 2012, QI joined Guotai Junan Securities Co. Ltd. and held the positions as deputy general manager in Compliance Department and Strategic Management Department respectively and subsequently joined the Group in March 2015.