LUZHENG FUTURES : POLL RESULTS OF THE FIRST EXTRAORDINARY GENERAL MEETING OF 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

LUZHENG FUTURES Company Limited

魯 証 期 貨 股 份 有 限 公 司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01461)

POLL RESULTS OF

THE FIRST EXTRAORDINARY GENERAL MEETING OF 2019

AND

APPOINTMENT OF THE GENERAL MANAGER

Reference is made to the circular (the "Circular") of the first extraordinary general meeting of 2019 (the "EGM") dated 25 October 2019 of LUZHENG FUTURES Company Limited (the "Company"). Unless otherwise indicated, capitalised terms used herein shall have the same meanings as those defined in the Circular.

EGM

The Company held the EGM at 9:00 a.m. on 10 December 2019 at Conference Room 1616, 16/F, Securities Tower, No. 86 Jingqi Road, Shizhong District, Jinan, Shandong Province, the PRC. The EGM was chaired by Mr. Chen Fang, the chairman of the second session of the board of directors of the Company. The EGM has been held pursuant to the requirements of the Company Law of the People's Republic of China and the Articles of Association and poll results of the EGM are legal and valid.

As at the date of the EGM, the Company's issued share capital comprised a total of 1,001,900,000 Shares (724,810,000 of which were Domestic Shares and 277,090,000 of which were H Shares), which entitled the holders to attend the EGM and to vote for or against or abstain from voting on the resolutions ("Resolutions") proposed thereat. Shareholders and proxies of Shareholders attending the EGM held a total of 739,348,000 voting Shares, representing approximately 73.79% of the total number of the Company's issued Shares with voting rights.

- 1 -

No Shareholder has stated the intention to vote against or to abstain from voting on any Resolution in the Circular. To the best of the Directors' knowledge, information and belief, there was no restriction on any Shareholder for casting votes on the Resolutions at the EGM. There were no Shares entitling their holders to attend the EGM and abstain from voting in favour of any Resolution under Rule 13.40 of the Listing Rules. No Shareholder was required to abstain from voting on any Resolution at the EGM under the Listing Rules. All Resolutions were put to vote by way of poll. Computershare Hong Kong Investor Services Limited, the Company's H Share Registrar, acted as the scrutineer for the vote-taking at the EGM.

The poll results in respect of each Resolution were as follows:

	Ordinary Resolutions	Number of Votes (%)
	For	Against	Abstain
1.1	To consider and approve the election of Mr.	738,296,000	1,052,000	0
	ZHONG Jinlong as an executive director of the	(99.857712%)	(0.142288%)	(0.000000%)
	third session of the board of directors of the
	Company;
1.2	To consider and approve the election of Mr.	738,296,000	1,052,000	0
	LIU Hongsong as a non-executive director of	(99.857712%)	(0.142288%)	(0.000000%)
	the third session of the board of directors of the
	Company;
1.3	To consider and approve the election of Mr. HU	738,296,000	1,052,000	0
	Kainan as a non-executive director of the third	(99.857712%)	(0.142288%)	(0.000000%)
	session of the board of directors of the Company;
1.4	To consider and approve the election of Mr.	738,296,000	1,052,000	0
	MING Gang as a non-executive director of the	(99.857712%)	(0.142288%)	(0.000000%)
	third session of the board of directors of the
	Company;
1.5	To consider and approve the election of Mr. LIU	738,296,000	1,052,000	0
	Feng as a non-executive director of the third	(99.857712%)	(0.142288%)	(0.000000%)
	session of the board of directors of the Company;
1.6	To consider and approve the election of Mr.	738,677,000	671,000	0
	GAO Zhu as an independent non-executive	(99.909244%)	(0.090756%)	(0.000000%)
	director of the third session of the board of
	directors of the Company;

- 2 -

	Ordinary Resolutions	Number of Votes (%)
	For	Against	Abstain
1.7	To consider and approve the election of	738,677,000	671,000	0
	Mr. WANG Chuanshun as an independent	(99.909244%)	(0.090756%)	(0.000000%)
	non-executive director of the third session of the
	board of directors of the Company;
1.8	To consider and approve the election of Mr. LI	738,586,000	762,000	0
	Dapeng as an independent non-executive director	(99.896936%)	(0.103064%)	(0.000000%)
	of the third session of the board of directors of
	the Company;
1.9	To consider and approve the election of	738,677,000	671,000	0
	Mr . ZHENG Jianping as an independent	(99.909244%)	(0.090756%)	(0.000000%)
	non-executive director of the third session of the
	board of directors of the Company;
2.1	To consider and approve the election of Mr.	738,442,000	525,000	381,000
	TAN Shaojie as a supervisor of the third session	(99.877460%)	(0.071008%)	(0.051532%)
	of the supervisory committee of the Company;
2.2	To consider and approve the election of Mr.	738,442,000	525,000	381,000
	HU Yuyue as an independent supervisor of the	(99.877460%)	(0.071008%)	(0.051532%)
	third session of the supervisory committee of the
	Company;
2.3	To consider and approve the election of Mr.	738,442,000	525,000	381,000
	MU Yong as an independent supervisor of the	(99.877460%)	(0.071008%)	(0.051532%)
	third session of the supervisory committee of the
	Company;
2.4	To consider and approve the election of Mr.	738,442,000	525,000	381,000
	YU Xuehui as an independent supervisor of the	(99.877460%)	(0.071008%)	(0.051532%)
	third session of the supervisory committee of the
	Company.

As more than half of the votes from the Shareholders (including their proxies) attending the EGM were cast in favour of the Resolutions numbered 1.1 to 2.4, these Resolutions were duly passed as ordinary resolutions.

- 3 -

ELECTION OF THE DIRECTORS OF THE THIRD SESSION OF THE BOARD

The Board announces, after the Shareholders' election of non-staff representative Directors at the EGM, the third session of the Board comprises: (i) Mr. Zhong Jinlong and Mr. Liang Zhongwei as executive Directors; (ii) Mr. Liu Hongsong, Mr. Hu Kainan, Mr. Ming Gang and Mr. Liu Feng as non-executive Directors; (iii) Mr. Gao Zhu, Mr. Wang Chuanshun, Mr. Li Dapeng and Mr. Zheng Jianping as independent non-executive Directors. According to the Articles of Association, the term of office of the Directors is three years. Except the qualification of Mr. Zheng Jianping as independent non-executive Director will take effect after obtaining the approval from the China Futures Association, the term of office of the other abovementioned Directors commenced from the conclusion of the EGM and will end when the three-year term of the third session of the Board expires. The Board also announces that, (1) Mr. Zhong Jinlong was appointed as the Chairman of the third session of the Board and the chairman of Strategic Development Committee of the Company; (2) Mr. Liang Zhongwei was appointed as member of the Risk Control Committee, member of the Remuneration and Appraisal Committee and member of the Nomination Committee of the Company; (3) Mr. Liu Hongsong was appointed as member of the Remuneration and Appraisal Committee and member of the Nomination Committee of the Company; (4) Mr. Hu Kainan was appointed as the chairman of the Risk Control Committee and member of the Audit Committee of the Company; (5) Mr. Ming Gang was appointed as member of the Strategic Development Committee and member of the Risk Control Committee of the Company; (6) Mr. Liu Feng was appointed as member of the Strategic Development Committee and member of the Audit Committee of the Company; (7) Mr. Gao Zhu was appointed as the chairman of the Remuneration and Appraisal Committee, member of the Strategic Development Committee, member of the Risk Control Committee and member of the Audit Committee of the Company; (8) Mr. Wang Chuanshun was appointed as the chairman of the Audit Committee, member of the Remuneration and Appraisal Committee and member of the Nomination Committee of the Company; (9) Mr. Li Dapeng was appointed as the chairman of the Nomination Committee, member of the Strategic Development Committee and member of the Audit Committee of the Company; and (10) Mr. Zheng Jianping was appointed as member of the Strategic Development Committee, member of the Risk Control Committee, member of the Remuneration and Appraisal Committee and member of the Nomination Committee of the Company, which will take effect after the China Futures Association approved the qualification of Mr. Zheng Jianping as an independent non-executive Director. To comply with the requirement of Chapter 14 of the Listing Rules on the composition of the Remuneration and Appraisal Committee and Nomination Committee, before Mr. Zheng Jianping's qualification is approved, his duties as a member of the Company's Remuneration and Appraisal Committee shall be discharged by Mr. Li Dapeng temporarily, and his duties as a member of the Company's Nomination Committee shall be discharged by Mr. Gao Zhu temporarily.

- 4 -

The biographies of the abovementioned elected Directors (except for Mr. Liang Zhongwei) were set out in the Circular. Save as disclosed in the Circular, as at the date of this announcement, there is no other information in relation to the elected Directors that is required to be disclosed under Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders of the Company. The Company has entered into a director service contract with each of the abovementioned elected Directors, and the remuneration of each Director will be determined based on the remuneration standard considered and approved at the 2015 annual general meeting of the Company (except for Mr. Liang Zhongwei). The Company will disclose Directors' remuneration or allowances in its annual report each year.

The Company's staff representative meeting has appointed Mr. Liang Zhongwei as the Company's staff representative Director. Mr. Liang Zhongwei receives employee's remuneration according to the labour contract entered into with the Company and he will not receive any Director's allowance and remuneration from the Company. The biography of Mr. Liang Zhongwei required to be disclosed under Rule 13.51 (2) of the Listing Rules was set out below:

Mr. Liang Zhongwei ( 梁中偉)(without former name), aged 45, joined the Company in March 2009. At present, he is a member of the party committee, a staff representative Director, executive Director, secretary to the Board, joint company secretary, the director of the organizational department of the party committee and the office of the Board of the Company. He also serves as director of LUZHENG INTERNATIONAL HOLDING LIMITED ( 魯証國際 控股有限公司) (a wholly-owned subsidiary of the Company) and its wholly-owned subsidiary LUZHENG INTERNATIONAL FUTURES LIMITED ( 魯 証 國 際 期 貨 有 限 公 司) as well as director of Jinova S.A.. Mr. Liang Zhongwei served as an employee of Shandong Province Qilu Trust and Investment Co., Ltd. ( 山 東 省 齊 魯 信 托 投 資 有 限 公 司) from July 1997 to May 2001; held several positions in Zhongtai Securities Co., Ltd. ( 中泰證券股份有限公司) (formerly known as Qilu Securities Co., Ltd. ( 齊魯證券有限公司)), including assistant to the department general manager and department senior business manager, from May 2001 to March 2009; held several positions in succession in the Company, including the office manager and the general manager of human resources department, from March 2009 to September 2013; served as executive Director of the Company since June 2012; and served as the secretary general of Shandong Futures Association from September 2013 to August 2017. Since October 2017, he has been the director of the organizational department of the party committee of the Company; he has been the director of the office of the Board of the Company since February 2018. Since April 2018, he has served as a director of LUZHENG INTERNATIONAL HOLDING LIMITED; since May 2018, he has served as a director of LUZHENG INTERNATIONAL FUTURES LIMITED and has served as a member of the party committee of the Company since August 2018; he has been the secretary to the Board and joint company secretary of the Company since June 2019 and has been a director of Jinova S.A. since July 2019. Mr. Liang Zhongwei graduated from Shandong University majoring in international economy in July 1997 and obtained a bachelor degree. Mr. Liang Zhongwei obtained the qualification of intermediate economist issued by the Ministry of Personnel of the PRC in November 2001.

- 5 -

Save as disclosed in this announcement, Mr. Liang Zhongwei has confirmed that: (1) he has not held any directorships in any other listed companies, or held any other major appointments and professional qualifications in the past three years; (2) he does not hold any position in the Company and its subsidiaries; (3) he has no relationship with any Director, Supervisor, senior management, substantial Shareholder or controlling Shareholder of the Company or any of its subsidiaries; (4) he has no interest in any Share of the Company within the meaning of Part XV of the SFO as of the date of this announcement; and (5) there is no information which is discloseable pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, nor is there any other matter that needs to be brought to the attention of the Shareholders of the Company.

ELECTION OF THE SUPERVISORS OF THE THIRD SESSION OF THE SUPERVISORY COMMITTEE

The Board announces, after the Shareholders' election of non-staff representative Supervisors at the EGM, the third session of the Supervisory Committee comprises:(i) Mr. Tan Shaojie as a Supervisor; (ii) Mr. Hu Yuyue, Mr. Mu Yong and Mr. Yu Xuehui as independent Supervisors; and (iii) Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu as staff representative Supervisors. According to the Articles of Association, the term of office of the Supervisors is three years. The term of office of them commenced from the conclusion of the EGM and will end when the three-year term of the third session of the Supervisory Committee expires. In addition, the Board of Directors announced that Mr. Li Xuekui was appointed as the chairman of the third session of the Supervisory Committee of the Company.

The biographies of each the abovementioned elected Supervisor and independent Supervisors (except for Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu as the staff representative Supervisors) were set out in the Circular. Save as disclosed in the Circular, as at the date of this announcement, there is no other information in relation to the elected Supervisor and independent Supervisors that is required to be disclosed under Rules 13.51(2)(h) to 13.51(2)

1. of the Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders of the Company. The Company has entered into a supervisor service contract with each of the abovementioned elected Supervisor, independent Supervisors and staff representative Supervisors, whose remuneration will be determined based on the remuneration standard considered and approved at the 2015 annual general meeting of the Company (except for Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu as the staff representative Supervisors). The remuneration of Mr. Li Xuekui for serving as the chairman of the Supervisory Committee will be determined based on the remuneration standard considered and approved at the 2017 annual general meeting of the Company. The Company will disclose Supervisors' remuneration or allowances in its annual report each year.

- 6 -

The Company's staff representative meeting has appointed Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu as the Company's staff representative Supervisors. Mr. Lin Zongheng and Mr. Liu Pu receive employee's remuneration according to the labour contract entered into with the Company and they will not receive any Supervisor's allowance and remuneration from the Company. The biographies of Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu required to be disclosed under Rule 13.51 (2) of the Listing Rules were set out below:

Mr. Li Xuekui ( 李 學 魁) (without former name), aged 56, joined the Company in September 2006. At present, he is a member of the party committee, the chairman of the Supervisory Committee and a staff representative Supervisor of the Company, as well as the chairman of Shandong Trading Market Clearing House Co., Ltd. ( 山 東 交 易 市 場 清 算 所 有 限 公 司). He is also an executive director and chairman of the board of directors of Jinova S.A. Mr. Li Xuekui served in succession as a teacher and deputy director of academic affairs section of Shandong Banking School of the People's Bank of China ( 中 國 人 民 銀 行 山 東 銀 行 學

校) from July 1986 to March 2001; served as the associate professor of Financial College of Shandong Polytechnic University ( 山 東 輕 工 業 學 院 金 融 職 業 學 院) from March 2001 to November 2002; held several positions in Zhongtai Securities Co., Ltd. ( 中泰證券股份有限 公司) (formerly known as Qilu Securities Co., Ltd. ( 齊魯證券有限公司)) in succession from November 2002 to September 2006, including the assistant to the department manager, deputy manager to the department and general manager to the department; served as the executive deputy general manager of the Company from September 2006 to August 2008; served as the general manager of the Company from August 2008 to August 2016; served as a member of the party committee of the Company since March 2009; served as the secretary of the disciplinary committee of the Company from August 2016 to August 2019; served as a staff representative Supervisor and the chairman of the Supervisory Committee of the Company since August 2016; served as the general manager of Shandong Trading Market Clearing House Co., Ltd. from October 2016 to January 2018; served as the chairman of Shandong Trading Market Clearing House Co., Ltd. since October 2016. Mr. Li Xuekui served as an executive director and has been the chairman of the board of directors of Jinova S.A. since July 2019. Mr. Li Xuekui served as a council member of Shandong Futures Association since April 2009; the standing director of

Shandong Futures Association since September 2013. Mr. Li Xuekui graduated from Shaanxi Finance College ( 陝 西 財 經 學 院) majoring in finance and obtained a bachelor degree in June 1989; graduated from Asia International Open University (Macau) majoring in business administration and obtained a master degree in October 2008. Mr. Li Xuekui obtained the title of

associate professor issued by the Office of Educational System Professional Title Reform Group of Shandong Province ( 山東省教育系統職稱改革領導小組辦公室) in March 2001.

- 7 -

Mr. Lin Zongheng ( 林宗恒) (without former name), aged 46. He joined the Company in February 2008. At present, he serves as a staff representative Supervisor and general manager of the audit department of the Company. Mr. Lin Zongheng held various positions in Qilu Chemical Fiber Group Co., Ltd. ( 齊 魯 化 纖 集 團 有 限 責 任 公 司) from July 1996 to June 2006, including employee, deputy section chief, section chief, and finance manager; he served as the director of the audit department of Coca-Cola Beverage Co., Ltd. ( 可口可樂飲料有限公司) in Jinan from June 2006 to February 2008; he served as an employee of the planning and finance department, the finance director, and the deputy general manager of the Company from February 2008 to May 2013; he served as the financial controller in Luzheng Trading Co., Ltd. ( 魯 証 經 貿 有 限 公 司) from June 2013 to January 2016; he served as the deputy general manager of the planning and finance department of the Company from February 2016 to July 2017; he has served as a director of Zhongtai Huirong Investment (HK) Company Limited ( 中泰匯融（香港）有限公司) since November 2013; he has been the general manager of the audit department of the Company since July 2017, and has been a staff representative Supervisor of the Company since April 2019. Mr. Lin Zongheng graduated from Shandong University of Economics majoring in accounting in July 1996 with a bachelor's degree certificate; he obtained the qualification of intermediate accountant issued by the Ministry of Finance of the People's Republic of China in May 2004.

Mr. Liu Pu ( 劉普) (without former name), aged 48. He joined the Company in April 2007. At present, he serves as a staff representative Supervisor of the Company. Mr. Liu Pu was an employee of Tai'an Crane Machinery Factory ( 泰 安 市 起 重 機 械 廠 ) from September 1989 to December 1993; he served as a floor trader at Tai'an Trust and Investment Company ( 泰安市信托投資 公 司) and the financial controller of the Shanghai Sales Department from December 1993 to May 2001; he was the financial controller of Shanghai Sales Department and the chief accountant of Shanghai Accounting Center at Zhongtai Securities Co., Ltd. ( 中 泰 證 券 股 份 有 限 公

司) (formerly known as Qilu Securities Co., Ltd. ( 齊 魯 證 券 有 限 公 司)) from May 2001 to April 2007; served as the general manager of the audit department of the Company from April 2007 to June 2008; he served as the office director of the Company from June 2008 to March 2009; he served as the general manager of the audit department of the Company from March 2009 to October 2009; he served as secretary general of Shandong Futures Association from October 2009 to September 2013; he served as the general manager of the IB business service department of the Company from October 2013 to June 2016; he has served as the administrative head of branch service department of the Company from June 2016 to August 2019, and has been a staff representative Supervisor of the Company since April 2019. Mr. Liu Pu graduated from Shandong University of Science and Technology majoring in accounting in July 2004 and obtained a bachelor degree. Mr. Liu Pu obtained the qualification of intermediate economist issued by the Ministry of Personnel of the PRC in November 1999, and obtained the qualification of intermediate accountant issued by the Ministry of Finance of the PRC in May 2005.

- 8 -

Save as disclosed in this announcement, each of Mr. Li Xuekui, Mr. Lin Zongheng and Mr. Liu Pu has confirmed that: (1) he has not held any directorships in any other listed companies, or held any other major appointments and professional qualifications in the past three years; (2) he does not hold any position in the Company and its subsidiaries; (3) he has no relationship with any Director, Supervisor, senior management, substantial Shareholder or controlling Shareholder of the Company or any of its subsidiaries; (4) he has no interest in any Share of the Company within the meaning of Part XV of the SFO as of the date of this announcement; and (5) there is no information which is discloseable pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, nor is there any other matter that needs to be brought to the attention of the Shareholders of the Company.

RETIREMENT OF DIRECTORS AND SUPERVISORS

The Board announces that, Mr. Chen Fang (having reached retirement age), ceased to be the chairman and executive director of the second session of the Board; Mr. Yin Ge (non-executive Director), Mr. Li Chuanyong (non-executive Director) and Mr. Yu Xuehui (independent non-executive Director) of the second session of the Board also retired at the conclusion of the EGM. In addition, with effect from the conclusion of the EGM, Mr. Chen Fang ceased to be the chairman of the Strategic Development Committee of the Company, Mr. Yin Ge ceased to be a member of the Risk Control Committee and the Nomination Committee of the Company, and Mr. Li Chuanyong ceased to be a member of the Strategic Development Committee and the Risk Control Committee of the Company. Mr. Yu Xuehui ceased to be the chairman of the Risk Control Committee, member of the Nomination Committee, member of the Strategic Development Committee and member of the Remuneration and Appraisal Committee of the Company, and was re-designated as independent Supervisor of the third session of the Supervisory Committee of the Company. The abovementioned Directors have confirmed that they have no disagreement with the Board in relation to their retirement and there are no matters in relation to their retirement that need to be brought to the attention of the Shareholders of the Company.

The Board also announces that, Ms. Ding Mei, a Supervisor of the second session of the Supervisory Committee of the Company, retired at the conclusion of the EGM. She has confirmed that she has no disagreement with the Board and the Supervisory Committee in relation to her retirement and there are no matters in relation to her retirement that need to be brought to the attention of the Shareholders of the Company.

The Board hereby expresses its gratitude to Mr. Chen Fang, Mr. Yin Ge, Mr. Li Chuanyong and Ms. Ding Mei for their valuable contribution to the Company during their tenure of office with the Company.

- 9 -

APPOINTMENT OF THE GENERAL MANAGER

The Board also announces that after the consideration and approval at the first meeting of the third session of the Board held after the EGM, Mr. Liu Qingbin was appointed as the general manager of the Company. The appointment is effective from the date of this announcement and will end upon expiry of the term of office of the third session of the Board. He is eligible for re-election upon expiration of his term of office. The remuneration of Mr. Liu Qingbin for serving as the general manager of the Company will be determined by the Board.

The biography of Mr. Liu Qingbin discloseable under Rule 13.51 (2) of the Listing Rules is set out below:

Mr. Liu Qingbin ( 劉慶斌), aged 50, joined the Company in May 2014. At present, he is a member of the party committee and the general manager of the Company, the chairman of Luzheng Trading Co., Ltd ( 魯 証 經 貿 有 限 公 司) (a wholly-owned subsidiary of the Company), the director of Zhongtai Huirong Investment (HK) Company Limited ( 中 泰 滙 融（香 港）有 限 公

司) (a wholly-owned subsidiary of Luzheng Trading Co., Ltd.), and a member of the Council and the chairman of the supervisory committee of Zhengzhou Commodity Exchange ( 鄭州商品交 易所) and a member of China Futures Association, and chairman of the Legal Committee of the Council. Mr. Liu Qingbin served as a staff of Jinan First Machine Tool Plant ( 濟南第一機床 廠 ) from July 1992 to July 1997; served as a section member of Jinan Securities Administration Office ( 濟 南 市 證 券 管 理 辦 公 室) from July 1997 to August 1998; served as a section member, deputy principal section member of general office, deputy principal section member and principal section member of Department of Intermediary Supervision of Jinan Securities Administration Office of the China Securities Regulatory Commission in succession from August 1998 to March 2004; served as a principal section member and the deputy director of Department

of Intermediary Supervision, and deputy director and director of Futures Supervision Division of the Shandong Regulatory Bureau of China Securities Regulatory Commission ( 中國證監會山 東監管局) in succession from March 2004 to August 2008; served as a department cadre and the director of company supervision department I of Futures Supervision Division, and director of the audit office and director of the general office of Futures Supervision Division II of China Securities Regulatory Commission in succession from August 2008 to April 2014; served as the secretary to the party committee of the Company from June 2014 to August 2016; served as the chairman of Luzheng Trading Co., Ltd and the director of Zhongtai Huirong Investment (HK) Company Limited since August 2015; and served as the general manager of the Company since August 2016; served as a member of Council of Zhengzhou Commodity Exchange since April 2017; served as chairman of the Supervisory Committee of Zhengzhou Commodity Exchange since September 2017; served as a member director of China Futures Association since September 2018; and served as the chairman of Legal Committee of the Council of China

Futures Association since November 2018. Mr. Liu Qingbin graduated from Luoyang Institute of Technology ( 洛 陽 工 學 院) majoring in marketing and obtained a bachelor degree in July

1992. Mr. Liu Qingbin acquired the qualification of certified public accountant issued by the Institute of Certified Public Accountants of Shandong Province ( 山東省註冊會計師協會) in

January 2005, and obtained the qualification of senior economist issued by the Senior Review Commission of Professional Title in Economics of Shandong Province ( 山東省經濟專業職務 高級評審委員會) in February 2005.

- 10 -

Save as disclosed in this announcement, Mr. Liu Qingbin has confirmed that: (1) he has not held any directorships in any other listed companies, or held any other major appointments and professional qualifications in the past three years; (2) he does not hold any position in the Company and its subsidiaries; (3) he has no relationship with any Director, Supervisor, senior management, substantial Shareholder or controlling Shareholder of the Company or any of its subsidiaries; (4) he has no interest in any Share of the Company within the meaning of Part XV of the SFO as of the date of this announcement; and (5) there is no information which is discloseable pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, nor is there any other matter concerning his appointment that needs to be brought to the attention of the Shareholders of the Company.

By order of the Board

LUZHENG FUTURES Company Limited

Zhong Jinlong

Chairman

Jinan, the PRC

10 December 2019

As at the date of this announcement, the Board comprises Mr. ZHONG Jinlong and Mr. LIANG Zhongwei as executive Directors, Mr. LIU Hongsong, Mr. HU Kainan, Mr. MING Gang and Mr. LIU Feng as non-executive Directors, and Mr. GAO Zhu, Mr. WANG Chuanshun and Mr. LI Dapeng as independent non-executive Directors.

- 11 -