The board of directors of Everbright Securities Company Limited announced that, the Board has resolved to elect Yan Jun as the vice-chairman of the Board and to re-designate Yan from a non-executive Director to an executive Director with effect from January 25, 2019. Yan's term of office remains the same with that of other members of the Board. He currently serves as the secretary of the party committee of the company. He is re-designated as an executive Director with effect from January 25, 2019. Prior to such, he was a non-executive Director since August 9, 2018.