Guolian Securities Co., Ltd. announced that at its annual general and the class meeting held on June 13, 2019, approved the election of Mr. Chu, Howard Ho Hwa as an independent non-executive Director of the fourth session of the board. The Board announced that, at the first meeting of the fourth session of the Board held on 13 June 2019, Mr. Ge Xiaobo has been appointed as the chief executive officer of the Company, and he will duly perform his duties after the completion of the filing procedures for appointment with the regulatory authorities with a term until the expiry of the term of the fourth session of the Board. Mr. Yang Ming, the vice president, will assume the duties of the
chief executive officer of the Company until the filing procedures for appointment with the regulatory authorities are completed.

The company also approved the final dividend of RMB 0.5 per 10 Shares (tax inclusive), with a total amount of RMB 95,120,000 (tax inclusive) for the year ended 31 December 2018. The final dividend is expected to be paid by before 12 August 2019, if there is no extraordinary development related thereto, to holders of H Shares entitled to receive such dividend by ordinary post at their own risk.