On October 16, 2023, the Dunxin Financial Holdings Limited held its 2023 extraordinary meeting of shareholders and the shareholders of the Company the appointment of Mr. Hao Xu and Mr. Longwen (Stanley) He as directors of the Board, while Mr. Lei Fu and Mr. Yong Wang will no longer serve as directors of the Board. The biographical information of Messrs. Hao Xu and Longwen (Stanley) He is set below.

Mr. Xu has served as the director of Shenzhen Zhongtong Rongzhi Business Consulting Co. Ltd. from August 2019 to July 2023. From May 2015 to July 2019, Mr. Xu served as the vice president of Shenzhen Qianhai Zhongzhao Capital Management Co.

Ltd. Mr. Xu received his bachelor?s degree in business administration from Wuhan University, and his bachelor?s degree in economics from Zhongnan University of Economics and Law. Mr. He has served as the director of investment and mergers of Zhongliang Holdings Group Co. Ltd. since August 2021.

From March 2018 to June 2021, Mr. He served as the director of investment and financing of Shenzhen Baoneng Investment Group Co. Ltd. Between July 2014 and February 2018, Mr. He served as a corporate business manager at the Agricultural Bank of China, Shenzhen Branch. Mr. He received his bachelor?s degree in economics from Chongqing Technology and Business University and his master?s degree in economics from South China Normal University.

Effective October 24, 2023, Mr. Yuan Gao resigned from his position as the Chief Executive Officer of the Company (?CEO?) and Chairman of the Board (?Chairman?) for personal reasons. Mr. Gao will remain as a director of the Board. On October 24, 2023, the Board appointed Mr. Ai (Kosten) Mei as the new CEO and Chairman to fill the vacancy created by the resignation of Mr. Gao.

The biographical information of Mr. Ai (Kosten) Mei is set below. Mr. Mei served as the chief executive officer of Yoshan Investment Co. Ltd. from November 2015 to November 2019.

Between October 2009 to October 2015, Mr. Mei served as the chief executive officer of Hong Kong Duyuan Technology Development Co. Ltd. Mr. Mei received his bachelor?s degree in international financial and trade from Zhongnan University of Finance and Economics.