The board of directors of LUZHENG FUTURES Company Limited announces that Mr. HU Yuyue ("Mr. HU") resigned as a supervisor of the Company with effect from 28 April 2022, as he intended to devote more time and attention to his other work and personal affairs and cannot commit sufficient time and attention to the supervisory affairs of the Company. Mr. HU confirmed that he has no disagreement with the Board and the supervisory committee of the Company ("Supervisory Committee") and there is no matter which needs to be brought to the attention of the shareholders of the Company in relation to his resignation.