The board of directors of Glory Sun Financial Group Limited announced that Ms. Ye Weiqing will resign as the co-chairman of the Board and an executive Director with effect from the conclusion of the annual general meeting of the Company scheduled to be held on 2 June 2020 in order to devote more her time to her other business endeavours. Ms. Ye's membership in each of the investment committee and strategic committee of the Company will cease immediately upon her resignation.