China Industrial Securities International Financial Group Limited announced that Mr. Yang Huahui has tendered his resignation as a non-executive Director and the chairman of the Board in order to devote more time and energy to other commitments with effect from 6 August 2019. The Board further announced that Mr. Huang Yilin is appointed as the chairman of the Board with effect from 6 August 2019. Mr. Huang Yilin is a member of the Communist Party of China. He was appointed as a non-executive Director and a member of audit committee of the Company on 12 July 2017. He is appointed as the chairman of the Board, the chairman of nomination committee and a member of remuneration committee of the Company with effect from 6 August 2019. Mr. Huang Yilin is currently the vice president of Industrial Securities Co. Ltd., and director of Aegon-Industrial Fund Management Co. Ltd. The Board further announces that Mr. Huang Jinguang is appointed as the vice chairman of the Board with effect from 6 August 2019. Mr. Huang Jinguang, aged 49, was appointed as a Director on 21 July 2015 and re-designated as an executive Director on 1 June 2016, and was further appointed as chief executive officer of the Company on 8 June 2016. He will be appointed as the vice chairman of the Board on 6 August 2019. Mr. Huang Jinguang is primarily responsible for the overall management of the operations of the Group, and the day-to-day management of the Group's businesses and operations. The Board further announces that Mr. Yang ceased to be the chairman of the Nomination Committee and a member of the Remuneration Committee with effect from 6 August 2019. Mr. Huang Yilin is appointed as the chairman of the Nomination Committee and a member of the Remuneration Committee with effect from 6 August 2019.