Shanghai Jin Jiang Capital Company Limited announced that at the Board meeting held immediately following the AGM on 18 June 2021, the appointment of Mr. Zhao Qi (``Mr. Zhao''), an executive director of the Company, as the chairman of the fifth session of the Board and the member and chairman of the nomination committee under the fifth session of the Board was unanimously approved by the Board. The term of office of Mr. Zhao will be concurrent with the term of the fifth session of the Board. Mr. Zhao will not receive any director's emoluments.