Announcement on Vice President Appointment of China Guangfa Bank Co., Ltd.

The Board of Directors and all directors of China Guangfa Bank Co., Ltd. ensure that the contents of this Announcement are free from any misrepresentation, misleading statement and material omission, and that they will assume joint and several liability for the truthfulness, accuracy and integrity of the contents.

 

On December 29, 2017, China Guangfa Bank Co., Ltd. (hereinafter referred to as the "Bank") held the Fifth Extraordinary Meeting of the Eighth Board of Directors in 2017, approved the resignation of Ms. Wang Guizhi as Vice Prisident of the Bank and appointed Ms. Xu Hongxia as Vice President of the Bank, with a tenure the same as that of the Eighth Board of Directors.

Ms. Xu Hongxia satisfies the post qualification and requirements to serve as Vice President as stipulated by relevant laws and regulations and the Articles of Association of the Bank. Post qualification of Ms. Xu Hongxia serve as Vice President is still subject to approval of China banking regulatory authorities.

It is hereby announced.

 

 

Board of Directors, China Guangfa Bank Co., Ltd.

December 29, 2017

Resume of Ms. Xu Hongxia

Xu Hongxia, born in May 1962, holds a Master’s degree in Economics.

Ms. Xu is Vice President (Designate) and a Member of the CPC Committee of the Bank, Secretary of the CPC Committee and  Head of Beijing Branch of the Bank. She is also a delegate of the Eleventh Congress of CPC Committee of Tianjin, a member of the Thirteenth   Tianjin Committee of CPPCC (Economics Division).

She served successively as cadre of Western Suburbs Office, Industrial and Commercial Credit Division and the Department of Foreign Affairs of Tianjin Branch of the Agriculture Bank of China; Clerk, Deputy Chief, Chief, Assistant General Manager, Deputy General Manager and General Manager of International Business Department; President of the Bonded Area Sub-Branch; Member of the CPC Committee, Vice President and Deputy Secretary of the CPC Committee of Tianjin Branch of the Agriculture Bank of China; General Manager of the Business Department of the Agriculture Bank of China; Deputy Secretary of the CPC Committee and Vice President (Executive) of Tianjin Branch of the Agriculture Bank of China; Secretary of the CPC Committee and President of Tianjin Branch of the Agriculture Bank of China.