Jilin Jiutai Rural Commercial Bank : ANNOUNCEMENT - PROPOSED CHANGE OF DOMESTIC EXTERNAL AUDITING FIRM

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JILIN JIUTAI RURAL COMMERCIAL BANK CORPORATION LIMITED*

吉 林 九 台 農 村 商 業 銀 行 股 份 有 限 公 司 *

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6122)

ANNOUNCEMENT

PROPOSED CHANGE OF DOMESTIC EXTERNAL AUDITING FIRM

This announcement is made by Jilin Jiutai Rural Commercial Bank Corporation Limited (the "Bank") in accordance with Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors (the "Board") of the Bank hereby announced that as the service term of ShineWing Certified Public Accountants LLP has reached the cap pursuant to the requirement of the Ministry of Finance of the PRC regarding the maximum term of service for an auditing firm and shall cease to be the domestic external auditing firm of the Bank, the Board proposed to engage CAC CPA Limited Liability Partnership ("CAC") as the domestic external auditing firm of the Bank for 2021 to provide auditing services in the PRC in accordance with the China Accounting Standards for Business Enterprises.

The proposed engagement shall be subject to the approval of the shareholders of the Bank at the annual general meeting of the Bank for 2020. The terms of office of CAC shall commerce from the date of approval by the annual general meeting of the Bank for 2020 and shall expire at the conclusion of the annual general meeting of the Bank for 2021.

ShineWing Certified Public Accountants LLP has confirmed that there is no matters related to the proposed change of domestic external auditing firm that need to be brought to the attention of the shareholders of the Bank and the audit committee under the Board. The Board is also not aware of any matters related to the proposed change of domestic external auditing firm that required to be brought to the attention of the shareholders of the Bank. The Board and the audit committee under the Board confirmed that there is no disagreement or unresolved matter between the Bank and ShineWing Certified Public Accountants LLP in respect of the proposed change of domestic external auditing firm.

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The notice of the annual general meeting of the Bank for 2020 and the circular containing the details of the above proposal will be dispatched to the shareholders of the Bank in due course.

By order of the Board

Jilin Jiutai Rural Commercial Bank Corporation Limited*

Gao Bing

Chairman

Changchun, China

April 9, 2021

As of the date of this announcement, the Board comprises Mr. Gao Bing, Mr. Liang Xiangmin and Mr. Yuan Chunyu as executive directors; Mr. Cui Qiang, Mr. Wu Shujun, Mr. Zhang Xinyou, Mr. Wang Baocheng and Mr. Zhang Yusheng as non-executive directors; and Dr. Fu Qiong, Mr. Jiang Ning, Ms. Zhang Qiuhua, Mr. Chung Wing Yin and Mr. Yang Jinguan as independent non-executive directors.

• Jilin Jiutai Rural Commercial Bank Corporation Limited is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking/deposit-taking business in Hong Kong.

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