The board of directors of Central China Securities Co., Ltd. received a written resignation report from Mr. Lu Benson Cheng, a non-executive Director of the Company, on 21 June 2023. Mr. Lu Benson Cheng has tendered his resignation as a non-executive Director of the seventh session of the Board of the Company and a member of remuneration and nomination committee under the Board due to his personal work arrangements. According to the articles of association of the Company, the resignation of Mr. Lu Benson Cheng will not cause the number of Directors of the Company to fall below the statutory quorum and shall become effective upon the Board of the Company has been served with his resignation report.

Mr. Lu Benson Cheng has confirmed that he has no disagreement with the Board of the Company and there are no other matters that need to be brought to the attention of the shareholders of the Company.