Huishang Bank Corporation Limited has held the EGM on November 28, 2018. The respective resolutions proposed at the meeting regarding the election of the new session of the Board and the election of members of the fourth session of the Board have been passed, but the appointments of new members of the Board, Mr. Zhang Renfu, Mr. Zhu Yicun, Mr. Wu Tian, Mr. Qian Dongsheng, Mr. Wang Wenjin, Mr. Dai Peikun, Mr. Yin Jianfeng, Ms. Huang Aiming, Mr. Hu Jun and Mr. Liu Zhiqiang will become effective after their respective qualifications of directorship are approved by the China Banking and Insurance Regulatory Commission (the "CBIRC"). The Bank has recently received the approval of the CBIRC Anhui Office with respect to the qualifications of nine new directors including Mr. Zhang Renfu, Mr. Zhu Yicun, Mr. Wu Tian, Mr. Qian Dongsheng, Mr. Wang Wenjin, Mr. Dai Peikun, Mr. Yin Jianfeng, Mr. Hu Jun and Mr. Liu Zhiqiang. The appointment of each new director will become effective from December 28, 2018. Currently, the CBIRC Anhui Office is reviewing the qualification of directorship of Ms. Huang Aiming. The Bank will announce in due course after receiving the approval.