Bank of Jiujiang : ANNOUNCEMENT CHANGE OF EMPLOYEE SUPERVISOR

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Bank of Jiujiang Co., Ltd.*

*

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6190)

ANNOUNCEMENT

CHANGE OF EMPLOYEE SUPERVISOR

The board of directors (the "Board") of Bank of Jiujiang Co., Ltd.* (the "Bank") hereby announces that Ms. Dai Wenjing ("Ms. Dai") has resigned as an employee supervisor of the Bank due to her work adjustments. Ms. Dai has confirmed that there is no disagreement with the Board and the board of supervisors of the Bank (the "Board of Supervisors") and there is no other matters relating to her resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") or the shareholders of the Bank (the "Shareholders"). The Board and the Board of Supervisors have confirmed that there is no other matters relating to Ms. Dai's resignation that needs to be brought to the attention of the Hong Kong Stock Exchange or the Shareholders. The Board and the Board of Supervisors would like to take this opportunity to express their appreciation for Ms. Dai's efforts and valuable contributions to the Bank during her tenure of office as the employee supervisor of the Bank.

The Bank has convened the fourth meeting of the fifth session of the general meeting of employee representatives (the "Meeting") on 27 December 2019, Mr. Wang Xinyan ("Mr. Wang") was elected at the Meeting as the employee supervisor of the fifth session of the Board of Supervisors of the Bank with terms of office commencing from the date of election at the Meeting until the date of expiry of the term of the fifth session of the Board of Supervisors of the Bank.

The biographical details of Mr. Wang are as follows:

Mr. Wang Xinyan, aged 43, served as a credit clerk of Baishuihu Urban Credit Cooperative﹙白水湖 城市信用社﹚from July 1997 to February 1999; a chief accountant of the Dazhong Road Urban Credit Cooperative﹙大中路城市信用社﹚from March 1999 to January 2000; a statistician of the planning and finance department of Jiujiang City Commercial Bank (九江市商業銀行) from February 2000 to July 2004; an audit commissioner of the internal control and audit department of Jiujiang City Commercial Bank from August 2004 to February 2008; an assistant to the general manager of the internal control and audit department of Jiujiang City Commercial Bank from March 2008 to July 2008; a deputy general manager of the internal control and audit department of Jiujiang City Commercial Bank from

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August 2008 to January 2010; a deputy general manager of the audit department of the Bank from February 2010 to January 2011; president of the Xiushui Branch of the Bank from February 2011 to March 2013; vice president of the Ji'an Branch of the Bank from April 2013 to February 2015; head of the Yingtan Branch (in preparation) of the Bank from February 2015 to October 2015; president of the Yingtan Branch of the Bank from October 2015 to January 2018; a general manager of the risk management department of the Bank from January 2018 to November 2019; chairman of the Board of Supervisors of Zixi Jiuyin County Bank Co., Ltd. (資溪九銀村鎮銀行股份有限公司) since April 2019; and a general manager of the asset preservation department of the Bank since November 2019. Mr. Wang Xinyan graduated from Jiangxi University of Finance and Economics﹙江西財經大學﹚in December 2016 majoring in finance.

As at the date of this announcement, Mr. Wang holds 50,000 shares of Ruichang Jiuyin County Bank Co., Ltd. (瑞昌九銀村鎮銀行股份有限公司), 30,000 shares of Zixi Jiuyin County Bank Co., Ltd., 60,000 shares of Chongren Jiuyin County Bank Co., Ltd. (崇仁九銀村鎮銀行股份有限公司), 75,000 shares of Fenyi Jiuyin County Bank Co., Ltd. (分宜九銀村鎮銀行股份有限公司), and 50,000 shares of Pengze Jiuyin County Bank Co., Ltd. (彭澤九銀村鎮銀行股份有限公司).

Mr. Wang will not receive any remuneration from the Bank as a supervisor during the term of office but will receive corresponding remuneration in accordance with his specific management position in the Bank, which will be disclosed accordingly in the annual report by the Bank each year.

Save as disclosed above, as at the date of this announcement, Mr. Wang has confirmed that (i) he did not hold any other directorships in any public companies listed in Hong Kong or overseas in the past three years or hold any other positions within the Group; (ii) he does not have any relationship with any directors, supervisors, senior management, substantial shareholders or controlling shareholders of the Bank; (iii) he is not interested in the shares of the Bank or its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)); and (iv) there is no any other matters with respect to his appointment that needs to be notified to the Shareholders and there is no information that needs to be disclosed pursuant to the provisions of Rule 13.51(2) of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange or any other matters that needs to be brought to the attention of the Shareholders or the Hong Kong Stock Exchange.

By order of the Board

Bank of Jiujiang Co., Ltd.*

Liu Xianting

Chairman

Jiangxi, the People's Republic of China

27 December 2019

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As at the date of this announcement, the Board comprises Mr. Liu Xianting, Mr. Pan Ming and Ms. Cai Liping as executive directors; Mr. Zeng Huasheng, Mr. Zhang Jianyong, Mr. Li Jianbao and Mr. Yi Zhiqiang as non-executive directors; and Mr. Chua Alvin Cheng-Hock, Ms. Gao Yuhui, Mr. Quan Ze and Mr. Yang Tao as independent non-executive directors.

• Bank of Jiujiang Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong.

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