Announcement Regarding Resolutions Passed At

2016 Annual General Meeting of China Guangfa Bank Co., Ltd.

The 2016 Annual General Meeting (inhere after referred to as the ¡°Meeting¡± ) of China Guangfa Bank Co., Ltd.(the ¡°Bank¡±) was held in Guangzhou on 26 June 2017. The Meeting was convened by the 8th Board of Directors of the Bank. The chairman of Board of Directors of the Bank, Mr. Yang Mingsheng, presided over the Meeting.

51 shareholders and proxies attended the Meeting, the total number of voting shares held by them was 14,082,751,203 (Fourteen Billion Eighty-Tow Million Seven Hundred and Fifty-One Thousand and Tow Hundred and Three), 91.43% of total shares of the Bank. 6 directors, 5 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 the 2016 Work Report of the Board of Directors of the Bank.

2.Consider and approve the Proposal on the 2016 Work Report of the Board of Supervisors of the Bank.

3.Consider and approve the Proposal on the 2016 Final Account Report of the Bank.

4.Consider and approve the Proposal on the 2016 Preliminary Profit Distribution Plan of the Bank.

5.Consider and approve the Proposal on the 2017 Financial Budget of the Bank.

6.Consider and approve the Proposal on Electing Shareholder Supervisors and External Supervisors of the 7th Board of Supervisors of the Bank.

The candidates of Shareholder Supervisors and External Supervisors of the 7th Board of Supervisors of the Bank were elected in the Meeting. The name list of them is as follow:

3 Shareholder Supervisors: Mr. Liu Donghui, Mr. Chen Jiyou, Mr. Zhai Feng

3 External Supervisors: Mr. Zhao Qingpei, Mr. Hung Ka Hai, Mr. Li Wenjing

All qualified shareholders and proxies attending the Meeting voted on each candidates. The voting result passed as follow:

The terms of Shareholder Supervisors and External Supervisors of the 7th Board of Supervisors of the Bank are 3 years, which shall be from the date of the resolutions of the Meeting to the expiry of the seventh session of the Board of Supervisors, unless the requirement of the laws and regulations changes.

The Circular of the Results of the 2016 Performance Evaluation of Directors, Supervisors and Senior Executive of the Bank was also reported at the Meeting.

                                                                                             China Guangfa Bank Co., Ltd.

                                                                                                             26 June 2017