Shanghai Dongzheng Automotive Finance Co., Ltd. Announces Executive Changes
and enterprises etc. He has published over 100 journals and over 10 academic publications and is well experienced in teaching and enterprise management. Professor Qin received his master's degree and doctorate degree in engineering from Xidian University in the PRC. The Board also announces that with effect from 30 August 2022, Professor Qin be appointed as a member of the Audit Committee. Following the appointment of Professor Qin, the Company has complied with the requirements of Rules 3.10(1), 3.11, 3.21 and 3.23 of the Listing Rules. The Board hereby announces that Professor Qin, who has no direct or indirect interest in the Offers (as defined in the Joint Announcement), be appointed as a member of the Independent Board Committee with effect from 30 August 2022.