Huarong Investment Stock Corporation Limited Appoints Wang Qi as Non-Executive Director and A Member of the Risk Management Committee of the Board

Huarong Investment Stock Corporation Limited, is an investment holding company mainly engaged in the direct investment. Along with subsidiaries, the Company operates its business through three segments. The Direct Investment segment is involved in the direct investment in equities, bonds, funds, derivative instruments and other financial products. The Financial Services and Others segment is involved in the finance lease provision, finance lease arrangement services, financial arrangement services and other related services. The Foundation and Substructure Construction Services segment is involved in the excavation and lateral support works, pile cap construction and substructure construction for residential, commercial and infrastructure projects and rental of relevant equipments.