Announcement Regarding Resolutions Passed At 2018 First Extraordinary General Meeting of China Guangfa Bank Co., Ltd.

The 2018 First Extraordinary General Meeting (inhere after referred to as the ¡°Meeting¡± ) of China Guangfa Bank Co., Ltd.(the ¡°Bank¡±) was held in Guangzhou on December 25£¬2018. The Meeting was convened by the 8th Board of Directors of the Bank. Director Yin Yi presided over the Meeting.

33 shareholders and proxies attended the Meeting, the total number of voting shares held by them was 13,660,465,997 (Thirteen Billion Six Hundred and Sixty Million Four Hundred and Sixty-Five Thousand and Nine Hundred and Ninety-Seven), 88.69% of total shares of the Bank. 8 directors, 7 supervisors and certain senior management members attended the Meeting in non-voting capacity.

The convening of the Meeting and voting procedures were in compliance with the requirements of the Company Law of the PRC and the Articles of Association of China Guangfa Bank Co., Ltd. The resolution of the Meeting was lawful and valid.

All qualified shareholders and proxies attending the Meeting considered all proposals and voted one after another. The resolutions of the Meeting passed as follow:

1£®Consider and approve the Proposal on Mr. Wang Bin as Director of the 8th Board of Directors of the Bank.

2£®Consider and approve the Proposal on Regulation of the Pledge of Share Right of China Guangfa Bank Co., Ltd..

                                                    China Guangfa Bank Co., Ltd.

                                                         December 25, 2018