CSC Financial Co., Ltd. — Board/Management Information 2021

May 26, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 6066)

ELECTION OF NON-EXECUTIVE DIRECTORS

On 26 May 2021, the 32nd meeting of the second session of the board of directors (the “ Board ”) of CSC Financial Co., Ltd. (the “ Company ”) considered and approved the Resolution on the Election of Director of the Company.

ELECTION OF MS. ZHANG WEI AS A DIRECTOR OF THE COMPANY

Pursuant to the resolution approved at the Board meeting of the Company, the Board is pleased to announce that Ms. Zhang Wei has been nominated as a candidate for nonexecutive Director of the Company. Ms. Zhang Wei is qualified to serve as a director of a listed securities company under the laws, regulations and the listing rules of the place where the shares of the Company are listed. Ms. Zhang Wei will officially assume office when the resolution on her appointment is approved at the general meeting of the Company, with a term of office ending when the term of the second session of the Board of the Company expires.

Biographical details of Ms. Zhang Wei are as follows:

Ms. Zhang Wei, born in October 1981. Ms. Zhang Wei has worked at Central Huijin Investment Co., Ltd. since June 2006. She served as manager of the Capital Market Department, manager of the Non-bank Department, senior deputy manager of the Securities Institution Management Department/Insurance Institution Management Department of Central Huijin Investment Co., Ltd.. Ms. Zhang currently serves as director of the Office of Direct-managed Corporation Leading Group/the Second Department of Equity Management of Central Huijin Investment Co., Ltd..

Ms. Zhang Wei obtained a bachelor’s degree in law from China University of Political Science and Law in June 2003, a master’s degree in international law from China University of Political Science and Law in June 2006 and a doctoral degree in international law from China University of Political Science and Law in December 2017.

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ELECTION OF MS. WANG HUA AS A DIRECTOR OF THE COMPANY

Pursuant to the resolution approved at the Board meeting of the Company, the Board is pleased to announce that Ms. Wang Hua has been nominated as a candidate for nonexecutive Director of the Company. Ms. Wang Hua is qualified to serve as a director of a listed securities company under the laws, regulations and the listing rules of the place where the shares of the Company are listed. Ms. Wang Hua will officially assume office when the resolution on her appointment is approved at the general meeting of the Company, with a term of office ending when the term of the second session of the Board of the Company expires.

Biographical details of Ms. Wang Hua are as follows:

Ms. Wang Hua, born in August 1976. Ms. Wang Hua has worked at CITIC Group Corporation since July 2001. She served as director of the Tax Department of the Finance Department, assistant to the general manager of the Finance Department and director of the Tax Department, deputy general manager of the Finance Department and director of the Tax Department of CITIC Group Corporation. Ms. Wang currently serves as deputy general manager of the Finance Department of CITIC Group Corporation, and has been serving as a director of CITIC Heavy Industries Co., Ltd. (a company listed on the Shanghai Stock Exchange (stock code: 601608)) since August 2019.

Ms. Wang Hua obtained a bachelor’s degree in accounting from Dongbei University of Finance and Economics in July 1998 and a master’s degree in accounting from Dongbei University of Finance and Economics in July 2001.

OTHER INFORMATION

Save as disclosed above, each of Ms. Zhang Wei and Ms. Wang Hua has confirmed that: (i) she does not hold directorship in other listed companies, nor any position in the Company or its subsidiary for the last three years; (ii) she does not have any relationship with any Directors, supervisors, senior management or substantial or controlling shareholders of the Company; and (iii) she does not have any interest in the shares of the Company within the meaning under Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, each of Ms. Zhang Wei and Ms. Wang Hua has confirmed that there is no other information required to be disclosed pursuant to Rules 13.51(2) (h) to (v) of the Hong Kong Listing Rules, and there are no other matters related to her appointment that need to be brought to the attention of the shareholders of the Company.

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Upon approval of the appointment of Ms. Zhang Wei and Ms. Wang Hua at the general meeting, the Company will enter into an appointment letter with Ms. Zhang Wei and Ms. Wang Hua, respectively. Ms. Zhang Wei and Ms. Wang Hua will not receive any director’s emolument from the Company as a non-executive director of the Company.

A circular containing, among others, the details of the resolution on the election of non-executive Directors, together with the notice of the general meeting, will be dispatched to the shareholders in due course.

By Order of the Board CSC Financial Co., Ltd. Wang Changqing Chairman

Beijing, the PRC May 26, 2021

As at the date of this announcement, the executive Directors of the Company are Mr. WANG Changqing and Mr. LI Geping; the non-executive Directors of the Company are Mr. YU Zhongfu, Mr. WANG Xiaolin, Ms. ZHANG Qin, Ms. ZHU Jia and Mr. WANG Hao; and the independent non-executive Directors of the Company are Mr. DAI Deming, Mr. BAI Jianjun, Mr. LIU Qiao, Mr. Po Wai Kwong and Mr. Lai Guanrong.

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