Announcement Regarding Resolutions Passed At 2019 First Extraordinary General Meeting of China Guangfa Bank Co., Ltd.

The 2019 First Extraordinary General Meeting (hereinafter referred to as the “Meeting” ) of China Guangfa Bank Co., Ltd.( hereinafter referred to as the “Bank”) was held in Guangzhou on September 52019. The Meeting was convened by the 8th Board of Directors of the Bank. Director Yin Yi was elected to preside over the Meeting by Directors.

28 shareholders and proxies attended the Meeting, the total number of voting shares held by them was 17,627,820,270 (Seventeen Billion Six Hundred and Twenty-Seven Million Eight Hundred and Twenty Thousand Two Hundred and Seventy), 89.54% of total shares of the Bank. 5 directors, 6 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. The resolutions of the Meeting passed as follow:

Consider and approve the Proposal on Mr. Yin Zhaojun as Director of the 8th Board of Directors of the Bank.

Percentage of Assent

Percentage of Dissent

Percentage of Abstention

Voting result

100%

0

0

 

China Guangfa Bank Co., Ltd.

September 5, 2019