Orient Securities Company Limited announced that Mr. GONG Dexiong ("Mr. GONG") has been appointed as an executive Director of the Company for a term commencing from the date of this announcement and ending on the date of expiry of the term of office of the fifth session of the Board. Mr. GONG Dexiong, born in 1969, is a member of the Communist Party of China, an executive master of business administration and an economist, and currently serves as the secretary of the CPC party committee of the Company, the vice president of Shenergy (Group) Company Limited, and an executive director and general manager of Shenergy Investment Management Company Limited. Mr. GONG served as the deputy director of the Pudong business outlet of the securities department, head of the investment research section of the securities department, and deputy manager of the securities department of Shanghai International Trust & Investment Corporation; the deputy secretary of the CPC party committee, secretary of the discipline inspection commission, deputy general manager of Shanghai Securities Company Limited and the chairman of Hicend Futures Company Limited; the general manager of the finance management department of Shanghai International Group Co.

Ltd.; the general manager, secretary of the CPC party committee and vice chairman of Shanghai Securities Company Limited; the chairman and chief executive officer of Shanghai Guotai Junan Securities Asset Management Co. Ltd.; the chairman of Shanghai Securities Company Limited; the vice president and member of the CPC party committee of Guotai Junan Securities Co. Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 601211; and the Hong Kong Stock Exchange, stock code: 02611), and has concurrently served as the president of the asset management business committee, the chairman of Guotai Junan Capital Management Co.

Ltd., the chairman, general manager, chairman of the executive committee and president of the wealth management business committee of Guotai Junan Innovation Investment Co. Ltd. and other positions. He has been serving as the vice president of Shenergy (Group) Company Limited since April 2023 and the secretary of the CPC party committee of the Company since September 2023.

Mr. XU Yongmiao ("Mr. XU") and Mr. LING Yun ("Mr. LING") have been appointed as the shareholder representative Supervisors of the Company for a term commencing from the date of this announcement and ending on the date of expiry of the term of office of the fifth session of the Supervisory Committee. Mr. XU Yongmiao, born in 1977, is a member of the Communist Party of China and holds a master's degree in business administration. He currently serves as a member of the CPC party committee and deputy general manager of China Post Group Corporation Limited, Shanghai Branch.

He used to serve as the general manager of the courier department of the delivery business division of China Post Group Corporation Limited. Mr. LING Yun, born in 1975, is a member of the Communist Party of China and holds a bachelor's degree in business administration. He currently serves as the deputy general manager of the planning and finance department of Shanghai Jinqiao Export Processing Zone Development Co.

Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 600639), and concurrently serves as the chief financial officer of Shanghai Zongshun Construction and Development Co. Ltd., the chief financial officer of Shanghai Zong'ao Construction and Development Co. Ltd., and the chief financial officer of Shanghai Zongnuo Construction and Development Co.

Ltd. He used to serve as the accounting supervisor and assistant to the general manager of the planning and finance department of Shanghai Jinqiao Export Processing Zone Development Co. Ltd.