Shandong International Trust Co., Ltd. announced that Fang Hao was appointed as the general manager of the company, subject to the approval of his qualification by the Shandong Office of the China Banking and Insurance Regulatory Commission (the "Shandong Office of CBIRC"). The company has recently received the Approval on the Qualification of Fang Hao as the General Manager of Shandong International Trust Co., Ltd. by the Shandong Office of CBIRC (Lu Yin Bao Jian Zhun [2021] No. 131) dated 31 March 2021 issued by the Shandong Office of CBIRC, pursuant to which, the qualification of Mr. Fang Hao as the general manager of the Company has been approved by the Shandong Office of CBIRC with effect from 31 March 2021. The appointment of Mr. Fang Hao as an executive director of the company has been approved at the 2021 first extraordinary general meeting of the company held on 30 March 2021 and is still subject to the approval of his qualification by the Shandong Office of CBIRC.