Capital Industrial Financial Services Group Limited Announces Resignation of Liang Hengyi as Managing Director, Effective 1 May, 2024

Capital Industrial Financial Services Group Ltd is an investment holding company mainly engaged in collateral financing business. The Company operates its business through three segments. The Sale and Leaseback Arrangements Service segment is mainly engaged in the collateral financing businesses. The Supply Chain Management and Financial Technology Business segment is mainly engaged in supply chain management and financial technology services and trading of goods. This segment engages in trading of steel materials, providing steel buying agency services, operating supply chain financial platform, providing electronic creditor’s rights certificates and financing services multi entities. The Property Leasing Service segment is mainly engaged in the rental of properties. The Company also engages in the commercial factoring business.