Haitong Securities : RESIGNATION OF SUPERVISOR

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contents of this announcement.

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6837)

RESIGNATION OF SUPERVISOR

The supervisory committee (the "Supervisory Committee") of Haitong Securities Co., Ltd. (the "Company") has recently received the written resignation from Mr. Feng Huang ("Mr. Feng") as a supervisor of the Company. Mr. Feng has tendered his resignation from the office of the supervisor of the seventh session of the Supervisory Committee due to change in work arrangement. In accordance with the Company Law of the People's Republic of China and the Articles of Association of the Company, the resignation of Mr. Feng will not cause the number of the members of the Supervisory Committee lower than the quorum, nor will it affect the usual operations of the Supervisory Committee. After his resignation, Mr. Feng will no longer hold any position in the Company.

Mr. Feng confirms that, as of the date of this announcement, he has no disagreement with the Company, the board of directors of the Company and/or the Supervisory Committee and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Company and the Supervisory Committee would like to take this opportunity to express their sincere appreciation to Mr. Feng for his dedication to promote the development of the Company and his contributions to the construction of the Supervisory Committee during his term.

By order of the board of directors

Haitong Securities Co., Ltd.

ZHOU Jie

Chairman

Shanghai, the PRC

10 September 2020

As at the date of this announcement, the executive directors of the Company are Mr. ZHOU Jie, Mr. QU Qiuping and Mr. REN Peng; the non-executive directors of the Company are Mr. TU Xuanxuan, Mr. ZHOU Donghui, Ms. YU Liping and Mr. XU Jianguo; and the independent non- executive directors of the Company are Mr. ZHANG Ming, Mr. LAM Lee G., Mr. ZHU Hongchao and Mr. ZHOU Yu.

• For identification purpose only