Announcement on Resignation of Vice President 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.


Recently, the Bank receives the Reply of China Banking and Insurance Regulatory Commission on the Post Qualification of Chen Shimin from China Guangfa Bank (Yin Bao Jian Fu [2021] No. 11). Pursuant to the approval, the qualification of Mr. Chen Shimin as Independent Directors of the Bank has been approved by the CBIRC and his term of service commenced on Jan. 8, 2021

It is hereby announced.


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

January 14, 2021