The board meeting of CSC Financial Co., Ltd. was held both on site and by way of communication on April 21, 2023. After voting by the directors who attended the Board meeting of the Company, the Board of the Company reviewed and approved the "Resolution on the Election of Vice Chairman of the Company". In accordance with the resolution passed by the Board meeting of the company, the Board announced that Mr. WU Ruilin, a non-executive director of the company, is elected as the vice chairman of the second session of the Board of the Company, with a term of office ending when the term of the second session of the Board of the Company expires.

Mr. WU Ruilin, born in September 1964, has been a non-executive director and vice chairman of the Company since April 2023. Currently, he serves as an designated director of Central Huijin Investment Ltd. Mr. WU served as the deputy head of the price survey and statistics section of the survey and information division, deputy chief of the financial institution management section of the Foreign Investment Management Office, deputy director of Foreign Investment Management Office, deputy director of Foreign Exchange Management Division (responsible for daily operations), deputy director of Foreign Exchange Adjustment Center (responsible for daily operations) of The People's Bank of China, Beijing Branch, deputy director of the general office of the Information Center of the State Administration of Foreign Exchange, director of Planning Bureau, deputy director of the personnel department (internal audit department) of the State Administration of Foreign Exchange, full-time deputy secretary of the Party committee of the State Administration of Foreign Exchange of the Communist Party of China and secretary of the discipline inspection commission of the State Administration of Foreign Exchange, deputy director of Management and Inspection Department, deputy chief and second-level inspector of the Current Account Management Department of the State Administration of Foreign Exchange, director of China Jianyin Investment Ltd. Mr. WU obtained a postgraduate diploma in economic management from the Party School of the Central Committee of C.P.C. and is qualified as an economist.