ZHONGTAI FUTURES Company Limited announced that at the EGM was held on 22 February 2024, the company approved the appointment of Mr. LIU Qingbin as executive Director. The Board announced that Mr. HU Kainan has resigned as a non-executive Director of the Company, chairman and member of the Risk Control Committee and member of the Audit Committee of the Board due to other work commitments. Mr. HU Kainan's resignation will take effect on 22 February 2024.

As stated above, Mr. HU Kainan has resigned as the chairman and member of the Risk Control Committee and the member of the Audit Committee of the Board due to other work commitments. On 22 February 2024, the Board passed the proposal on the election of Mr. LIU Qingbin as the chairman and the member of the Risk Control Committee of the Board. The Company hereby approved the election of Mr. LIU Qingbin as the chairman and member of the Risk Control Committee of the Board.

His term of office will commence on 22 February 2024 and end upon the expiration of the fourth session of the Board of the Company.