DFZQ — Board/Management Information 2016

Jul 12, 2016

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company 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.

(A joint stock company incorporated in the People’s Republic of China with limited liability under the Chinese corporate name “ 東方證券股份有限公司 ” and carrying on business in Hong Kong as “ 東方證券 ” (in Chinese) and “DFZQ” (in English))

(Stock Code: 03958)

RESIGNATION OF NON-EXECUTIVE DIRECTOR

On July 12, 2016, the board of directors (the “ Board ”) of 東方證券股份有限公司 (the “ Company ”) received a written resignation from its non-executive director Mr. Xu Chao (“ Mr. Xu ”). Due to the work commitment, Mr. Xu has requested to resign from the positions of a nonexecutive director and a member of the audit committee of the Company.

According to the relevant provisions of the Company Law of the People’s Republic of China (the “ PRC ”) and the Articles of Association of the Company, the resignation of Mr. Xu would not cause the number of members of the Board to fall below the statutory quorum and the resignation became effective when it was served on the Board on July 12, 2016. The Company will appoint a new director as soon as possible in accordance with the relevant requirements of laws and regulations of the PRC.

Mr. Xu was diligent and responsible during his terms of office. The Company would like to extend its appreciation to Mr. Xu for his contribution to the Company.

Mr. Xu has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that should be brought to the attention of shareholders of the Company.

By order of the Board of Directors PAN Xinjun Chairman

Shanghai, PRC July 12, 2016

As of the date of this announcement, the Board of Directors comprises Mr. PAN Xinjun and Mr. JIN Wenzhong as executive Directors; Mr. WU Jianxiong, Mr. ZHANG Qian, Mr. WU Junhao, Mr. CHEN Bin, Mr. LI Xiang, Ms. HUANG Laifang and Mr. ZHOU Yao as non-executive Directors; and Mr. LI Zhiqiang, Mr. XU Guoxiang, Mr. TAO Xiuming, Mr. WEI Anning, Mr. PAN Fei and Mr. XU Zhiming as independent non-executive Directors.