The board of directors of the Holly Futures Co., Ltd. received a written resignation submitted by an independent non-executive director, Mr. Wang Yuetang ("Mr. Wang"), on 22 May 2023. Mr. Wang intended to resign from the position of the independent non-executive director of the fourth session of the Board, and at the same time, to resign from the positions of the committee member of the remuneration committee, the committee member of the nomination committee, the chairman of the risk management committee and the committee member of the strategic committee under the Board due to his other personal commitments. Before the resignation becomes effective, Mr. Wang shall continue to perform his duties as the independent non-executive director, the committee member of the remuneration committee, the committee member of the nomination committee, the chairman of the risk management committee and the committee member of the strategic committee under the Board according to the relevant rules, regulations and the Articles.