Haitong Securities Co., Ltd. received a written resignation report from Mr. Zhao Yonggang on 11 December 2023. Due to work adjustment, Mr. Zhao Yonggang has resigned as a director of the Company, a member of the Development Strategy and ESG Management Committee under the Board and all the other positions in the Company. He has confirmed to the Board that he has no disagreement with the Company and the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company due to his resignation.

According to relevant rules under the Company Law of the People's Republic of China and the articles of association of the Company, the resignation of Mr. Zhao Yonggang will not result in the number of members of the Board of the Company falling below the statutory minimum quorum, nor will it affect the normal operation of the Board. The resignation of Mr. Zhao Yonggang becomes effective upon his resignation report being served on the Board. Mr. Zhao Yonggang has served as a deputy secretary of the CPC Committee of the Company since May 2021, served as the vice chairman of the Supervisory Committee of the Company from June 2021 to October 2023, and has served as the Director of the Company since October 2023.

During his tenure, Mr. Zhao Yonggang performed his duties diligently and effectively and was dedicated to improving the corporate governance structure, standardizing operations and promoting a wide range of reforms of the Company. He has done a lot of effective work in leading the Company's high-quality development with high-quality Party building, strengthening the construction of a cadre talent team, boosting the quality and efficiency of the supervisory work, etc.