Orient Securities Company Limited announced at the EGM held on August 18, 2023, approved election of Ms. Li Yun as Non-Executive Director. Ms. LI, born in 1964, is a member of the CPC, holds a master's degree in economics and is a senior editor. She currently serves as the secretary of the CPC party committee and president of Shanghai United Media Group and the chairman of Shanghai Zhongyuan Capital Management Co. Ltd. Since 1984, she successively served as the secretary of the youth league committee and teacher of Shanghai No. 4 Normal School, deputy head, head and deputy secretary of the school department of the Luwan District Committee of the Communist Youth League, deputy director of the Women's Federation of Luwan District, deputy director of the office of the Luwan District Committee, secretary of the CPC work committee of Wuliqiao Subdistrict of Luwan District, and other positions. She has served as a standing member and head of the publicity department of the Luwan District Committee since May 2001, and a standing member and head of the publicity department of the Minhang District Committee since September 2002; successively served as the deputy secretary of the CPC party committee and secretary of the disciplinary inspection committee of the Jiefang Daily Newspaper Group and secretary of the CPC party committee of Jiefang Daily since July 2008; the deputy secretary of the CPC party committee of Shanghai United Media Group and the secretary of the CPC party committee and president of Jiefang Daily since October 2013; and the secretary of the CPC party committee and president of Shanghai United Media Group since November 2021. She is a member of the 14th National Committee of the Chinese People's Political Consultative
Conference, a member of the 11th and 12th Shanghai Municipal Committee of the Communist Party of China, and the vice chairman of China Newspaper Association. The Board hereby announces that, with effect from the date of this announcement, Mr. CHENG ceased to serve as a member of the strategic development committee and a member of the
compliance and risk management committee of the fifth session of the Board of the Company.