Resolutions Passed At 2022 Second Extraordinary General Meeting of China Guangfa Bank Co., Ltd. 

The 2022 Second Extraordinary General Meeting (inhere after referred to as the ¡°Meeting¡±) of China Guangfa Bank Co., Ltd.(the ¡°Bank¡±) was held in Guangzhou on September 28, 2022. The Meeting was convened by the 9th Board of Directors of the Bank. The Vice Chairman of Board of Directors of the Bank, Mr. Wang Kai, presided over the Meeting.

16 shareholders and proxies attended the Meeting (no one was authorized by other shareholders), the total number of voting shares held by them was 19,392,481,392 (Nineteen Billion Three Hundred and ninety-two Million Four Hundred and eighty-one Thousand Three Hundred and ninety-two), 89.00% of total shares of the Bank.8 directors, 5 supervisors and 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 resolutions of the Meeting were 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 Issuing No more than 26 Billions Yuan Tier-2 Capital Bonds of China Guangfa Bank

The General Meeting approve the Bank on Issuing no more than 26 Billions Yuan Tier-2 Capital Bonds. The General Meeting authorized the board of directors and agree the board of directors authorized senior management to determine the specific matters of the issuance of Tier-2 capital bonds according to the requirements of the regulatory departments of examination and approval, including but not limited to the bond issue specific varieties and the currency, amount, interest rate, term, markets and timing of each variety within the regulatory approval of the issuance and the effective period. The period of validity is from the day of General Meeting approved to December.31, 2022.

China Guangfa Bank Co., Ltd.

September 28, 2022