The board of directors of China Galaxy Securities Co., Ltd. announced that with effect from 10 August 2023, Mr. LIU Bing has been appointed as the Business Director and a member of the Executive Committee of the Company. The biographical details of Mr. LIU Bing are set out below: LIU Bing, male, born in January 1972, holds a master's degree in business administration. He worked in Trust and Investment Company of Yancheng Branch of China Construction Bank, the Securities Department of Nanchang Kerui Group Co., Ltd., and Bohai Securities Co., Ltd. from August 1992.

He served as the executive deputy general manager of the head office of Minmetals Securities Co., Ltd. from August 2010 to February 2013. He joined Hongyuan Securities Co., Ltd. (now Shenwan Hongyuan Securities Co., Ltd.) in March 2013, and served as the managing director of the Asset Management Branch and the deputy general manager of the Asset Management Business Department. Mr. LIU joined the Company in September 2017, serving as the general manager of the Beijing Branch from October 2017 to April 2019, and the secretary to the Party Committee and the general manager of the Beijing Branch from April 2019 to May 2020.

He has been serving as the general manager of the Wealth Management Headquarters of the Company since May 2020, and the chairman of the board of directors of Galaxy Jinhui Securities Assets Management Co., Ltd. since June 2023.