The board of directors of Shandong International Trust Co., Ltd. announced that according to the relevant requirements of the Interim Measures for the Equity Management of Trust Companies issued by the China Banking and Insurance Regulatory Commission and the revised and effective articles of association of the Company, the related party transaction control committee (the "Related Party Transaction Control Committee") is established under the Board to be responsible for the management of related party transactions, review and approval of related party transactions in a timely manner, and risk control of related party transactions. The Related Party Transaction Control Committee consists of three members. The Board has appointed Mr. Ding Huiping, an independent non-executive director, as the chairman of the committee, Mr. Yue Zengguang, an executive director, and Ms. Wang Bailing, a non-executive director, as members of the committee.