Announcement on Resignation of Senior Executives 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 23, 2020, China Guangfa Bank Co., Ltd. (hereinafter referred to as the "Bank") held the Fourth Meeting of the Ninth Board of Directors. After nomination by President Yin Zhaojun, Mr. Lin Deming and Mr. Fang Qi were appointed as Vice President of the Bank, Mr. Li Xiaoshui was appointed as Assistant to President of the Bank, Mr. Zhang Wei was appointed as Chief Strategy Officer of the Bank, with a tenure the same as that of the Ninth Board of Directors.

The independence opinions expressed by the Independent Directors of the Bank with respect to above employment of vice president are as follows: the decision-making procedures to employ Mr. Lin Deming and Mr. Fang Qi as the Vice President of the Bank, employ Mr. Li Xiaoshui as the Assistant to President of the Bankemploy Mr. Zhang Wei as Chief Strategy Officer of the Bankis in compliance with the relevant laws and regulations and the relevant requirements of the Articles of Association, all the Independent Directors of the Bank agree these approvals.

Mr. Lin Deming and Mr. Fang Qi satisfie 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, the Post qualification of Vice President is still subject to approval of CBIRC. Mr. Li Xiaoshui satisfy the post qualification and requirements to serve as Assistant to President as stipulated by relevant laws and regulations and the Articles of Association of the Bank, the Post qualification of Assistant to President  is still subject to approval of CBIRC.

It is hereby announced.

 

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

 

December 23, 2020

 

Resume of Mr. Lin Deming

 

Mr. Lin Deming, Male, Han Nationality, born in November 1967, a member of the Communist Party of China, holds a Master’s degree and is an Economist.

Mr. Lin now serves as member of CPC Committee of the Bank ,Vice President (qualification to be approved), Secretary of the CPC Committee and President of Credit Card Center of the Bank.

Mr. Lin started work in July 1990, served successively as Deputy Director and Director of Agency of China Guangfa Bank in Guangzhou Economic & Technological Development District, Deputy Manager of Domestic Business Department of China Guangfa Bank, Secretary of the CPC Committee and President of Shaoguan Branch, General Manager of Business Department of the headoffice, General Manager of Credit Card Center , Secretary of the CPC Committee and General Manager of Credit Card Center of China Guangfa Bank.

 

Resume of Mr. Fang Qi

 

Mr. Fang Qi, Male, Han Nationality, born in September 1970, a member of the Communist Party of China, holds a Master’s degree and is an Economist.

Mr. Fang now serves as member of CPC Committee of the Bank ,Vice President (qualification to be approved), Secretary of the CPC Committee and President of Shenzhen Branch of the Bank.

Mr.Fang started work in August 1993,served successively as Officer of Technology Department, Finance and Accounting Department of Xi’an Sub-Branch of ICBC, Deputy Director of Technology Support Division of Business Department and Deputy Director of Electronic Computing Center, Deputy General Manager of E-Banking Center and Deputy General Manager(in charge of daily operations) of Accounting Management Center of Business Department of Shaanxi Branch of ICBC; Head of IT Department of Xi’an Branch of Huaxia Bank; Manager of Technology Department, Preparation Team Leader of E-Banking Department, General Manager of E-Banking Department, Preparation Team Leader of Xi’an BranchSecretary of the CPC Committee and General Manager of Xian Branch of China Guangfa Bank.

 

Resume of Mr. Li Xiaoshui

 

Mr. Li Xiaoshui, Male, Han Nationality, born in January 1975, a member of the Communist Party of China, holds a Master’s degree and is an Economist.

Mr. Li now serves as Assistant to President (qualification to be approved), General manager of head office, Director of the Party Committee Office ,Head of Publicity Department of the Party Committee.

Mr.Li started work in July 1995,once taught in the Department of finance of Guangzhou financial college.Since1999,he has been deputy manager of Tianhe sub branch of Guangzhou bank, Head office personnel department staff, Head office deputy manager, Head office credit review Manager, member of CPC Committee  and Deputy Manager of Changsha Branch of China Guangfa Bank, Secretary of the CPC Committee and General Manager of Foshan Branch of China Guangfa Bank.

 

Resume of Mr. Zhang Wei

 

Mr. Zhang Wei , Male, Han Nationality, born in September 1974, a member of the Communist Party of China, holds a Master’s degree .

Mr. Zhang now serves as Chief Strategy Officer, Head of office Party Committee Organization Department , General manager of Human Resources Department.

Mr. Zhang started work in August 1998, He has successively served as secretary of Youth League Committee and Party committee of Urban Development Zone of Haicheng City, Liaoning Province, deputy chief staff member and chief staff member of Cadre Education Department of Organization Department of Haicheng City Party committee of Liaoning Province, chief staff member and Assistant Investigator of cadre No.5 division of Organization Department of Liaoning Provincial Party committee, deputy investigator, deputy director of appointment and removal department, researcher and deputy director of appointment and removal Department of Central Organization Department, Executive vice mayor of Organization Department of Ganzhou Municipal Committee of Jiangxi Province and member of Standing Committee of Municipal People's Congress, and Party committee of Jiangxi human resources and social security department Group member, deputy director.