Announcement on Vice Chairman 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 September 5, 2019, China Guangfa Bank Co., Ltd. (hereinafter referred as the "Bank") held the First Extraordinary Shareholder’s Meeting in 2019 and Mr. Yin Zhaojun was elected as Director of the Eighth Board of Directors of the Bank. On the same day, the Bank held the Fourth Extraordinary Meeting of the Eighth Board of Directors in 2019 and Mr. Yin Zhaojun was elected as the Vice Chairman and a member of the Strategy/Consumer Protection Committee of the Eighth Board of Directors.

According to relevant regulations, Mr. Yin Zhaojun’s qualification is still subject to the approval of China Banking and Insurance Regulatory Commission, with the same tenure as that of the Eighth Board of Directors.

It is hereby announced.

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

September 5, 2019

Resume of Mr. Yin Zhaojun

Mr. Yin Zhaojun, Male, Manchu Nationality, member of the Communist Party of China, born in July 1965, holds Master’s degree in Public Administration and is a Accountant.

Mr. Yin now serves as Vice President, a Member of CPC Committee of China Life Insurance (Group) Company and holds concurrent post as Vice Chairman, President (qualification to be approved) and Secretary of the CPC Committee of the Bank, Chairman of China Life Investment Holding Company Limited, Director of China Life Insurance Company Limited, Director of China Life Property and Casualty Company Limited, Director of China Life Insurance (Overseas) Company Limited, Director of China United Network Communications Group Co., Ltd., and Vice President of Banking Accounting Society of China.

Mr. Yin joined the Bank of Communications in July 1990, and consecutively served as the Assistant to the President of the Beijing branch and the Vice President of the Shanxi branch of the Bank of Communications from 2005, and as the President of the Shanxi branch, Hebei branch and Beijing branch and Vice President of Beijing Management Department (Group Client Department) of the Bank of Communications from 2011.