On December 14, 2020, Mr. Jialin Cui resigned from his position as a director of the board of directors (the “Board”) and chairman of the nominating and governance committee (the “Nominating Committee”) of the Board of TD Holdings, Inc. (the “Company”) effective immediately. Effective December 14, 2020, the Board appointed Mr. Xiangjun Wang as a director of the Board and chairman of the Nominating Committee to fill the vacancy created by the resignation of Mr. Xiangjun Wang. Mr. Wang, age 47, has served as a partner and practicing lawyer of Beijing Junzejun (Shenzhen) Law Firm since 2010. From 2008 to 2010, he practiced as a lawyer of Guangdong Shenpeng Law Firm. Mr. Wang served as the managing director of Shenzhen Investment Banking Department of Pacific Securities Co. Ltd. from 2006 to 2008. He served as the deputy general manager of Ruigu Technology (Shenzhen) Co. Ltd. from 2003 to 2006. From 1999 to 2003, Mr. Wang worked in the supply chain management department and legal department of Huawei Technologies Co. Ltd.