Orient Securities Company Limited announced that its Board of Directors received the written resignation report from PAN Xinjun, the chairman of the Board. Due to personal development, PAN Xinjun applied to resign as the chairman of the Board, an executive director, chairman of each of the Strategy Development Committee and the Compliance and Risk Management Committee of the fourth session of the Board, the authorized representative as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and all other positions assumed in the Company. Meanwhile, prior to the appointment of a new Authorized Representative, WANG Rufu, a joint company secretary of the Company, will act as an Authorized Representative.