The board of directors of Jinshang Bank Co., Ltd. announced that, due to work re-arrangement, Mr. Yan Junsheng has tendered his resignation as an executive director, the chairman of the board, the chairperson and a member of the Development and Strategy Committee, a member of the Nomination, Remuneration and HR Committee and an authorized representative of the Bank with immediate effect. Mr. Tang Yiping, the vice chairman, will temporarily perform the duties of the chairman of the Board and the authorized representative.