Huishang Bank : Announcements and Notices - Resignation of an Executive Director and Member of the Strategic Development Committee

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Huishang Bank Corporation Limited*

徽 商 銀 行 股 份 有 限 公 司 *

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 3698)

RESIGNATION OF AN EXECUTIVE DIRECTOR AND MEMBER OF THE STRATEGIC DEVELOPMENT COMMITTEE

The board of directors (the "Board") of Huishang Bank Corporation Limited (the "Bank") announces that, due to position rearrangement in the Bank, Mr. Zhang Renfu ("Mr. Zhang"), an executive director of the Bank, has tendered his resignation on January 6, 2016 as an executive director and member of the Strategic Development Committee of the Board, with effect from the date of tendering his resignation. Mr. Zhang will continue to serve for the Bank and his position will be announced in due course after consideration and completion of relevant procedures by the Bank.

Mr. Zhang has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the Bank or The Stock Exchange of Hong Kong Limited.

The Bank is currently identifying a suitable candidate as the succeeding executive director of Mr. Zhang and will make further announcements in due course.

By order of the Board

Huishang Bank Corporation Limited* Li Hongming

Chairman

Hefei, Anhui Province, China January 6, 2016

As at the date of this announcement, the Board of Directors of the Bank comprises Li Hongming, Xu Demei, Wu Xuemin and Ci Yaping as executive directors; Zhang Feifei, Zhu Jiusheng, Qian Li, Lu Hui, Zhao Zongren, Qiao Chuanfu and Gao Yang as non-executive directors; Au Ngai Daniel, Dai Genyou, Wang Shihao, Zhang Shenghuai, Fung Weichang and Zhu Hongjun as independent non-executive directors.

* Huishang Bank Corporation Limited is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking/deposit-taking business in Hong Kong.