Huatai Securities Co., Ltd. announced that the ordinary resolution on election of an independent non-executive Director of the fifth session of the Board of the Company has been approved by the Shareholders and duly passed at the AGM on June 22, 2021. Ms. AU King-chi will replace Mr. Lee Chi Ming to serve as an independent non-executive Director of the fifth session of the Board of the Company from June 22, 2021 to the end of the term of the current session of the Board. The appointment of Ms. AU King-chi shall be filed with the Jiangsu Securities Regulatory Bureau of the CSRC after being considered and approved at the general meeting. Mr. Lee Chi Ming retired as an independent non-executive Director of the fifth session of the Board of the Company as a result of expiry of his term of office with effect from June 22, 2021. Upon the retirement of Mr. Lee Chi Ming, the Audit Committee of the Board of the Company will only comprise two members.