Holly Futures Co., Ltd. approved appointment of Mr. Chu Kairong as . 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 Octobe 003 to September 2004, he served as a cooperative intermediaryof Jiangsu Holly Futures Brokerage Company Limited ("Jiangsu Holly Futures"). 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 the Company. On 27 October 2022, Mr. Chu was appointed as the general manager of the Company. 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 and general manager of the board of directors of Holly Capital Management Co., Ltd., a wholly-owned subsidiary of the Company. As at the date of this announcement, save as disclosed above, Mr. Chu has not held any other positionIn the Group, has not held any directorship in other listed companies in the last three years and has no
other major appointments or professional qualifications. He does not have any relationships with any Directors, supervisors, senior management, substantial shareholders or controlling shareholders of the Company. Mr. Chu does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). During the tenure of Mr. Chu as an executive Director and general manager, his remuneration shall be paid with reference to the standard of senior management of the Company and according to the
Company's remuneration management measures. With reference to the remuneration standard of 2021, the remuneration of Mr. Chu will be approximately RMB690,000 per annum. The actual remuneration will be determined pursuant to the relevant remuneration administrative measures of the Company with reference to his duties and responsibilities. Please refer to the Company's annual reports issued from time to time for further details.