Holly Futures Co., Ltd. announces that, with effect from 27 October 2022, Mr. Chu Kairong has been appointed as the general manager of the Company. Mr. Chu Kairong aged 48, with Chinese nationality and without permanent residency abroad, was born in July 1974 and holds a bachelor degree. From October 1996 to October 2003, Mr. Chu served as account manager, senior account manager, marketing supervisor, and head of the sales and marketing service department of Xichang Town in China Life Insurance Co., Ltd. Haian Branch. From October 2003 to September 2004, he served as a cooperative intermediary of Jiangsu Holly Futures Brokerage Company Limited. From September 2004 to January 2009, Mr. Chu served as institutional investment headquarters employee, deputy manager and manager of Jiangsu Holly Futures. From January 2009 to April 2016, he worked in Holly Futures Brokerage Co., Ltd. as an assistant to the general manager. From April 2016 to January 2022, he served as the deputy general manager of Holly Futures Co., Ltd. As at the date of this announcement, Mr. Chu is a member of the party committee and executive deputy
general manager of the Company. He is also the chairman of the board of directors and general manager of Holly Capital Management Co., Ltd.