The board of directors of Huarong Investment Stock Corporation Limited announced that with effect from 17 April 2019, Mr. Zhang Fan has resigned as an executive Director of the Company due to his health reason. The Board announced that with effect from 17 April 2019, Mr. Zhang ceased to be an authorised representative of the Company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange; and Mr. Liu Xiguang, an executive Director, has been appointed as an Authorised Representative. Following the above changes, the Authorised Representatives are Mr. Liu and Mr. Leung Chin Wan. The Board also hereby announced that with effect from 17 April 2019: following the resignation of Mr. Zhang as an executive Director, Mr. Zhang has also ceased to be a member of each of the remuneration committee and the risk management committee of the Company; Mr. Liu has been appointed as a member of the Remuneration Committee; and Ms. Lin Xueqin has been appointed as a member of the audit committee of the Company, and has ceased to be a member of the Risk Management Committee.