DFZQ — Board/Management Information 2020

Dec 14, 2020

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)

APPOINTMENT OF MEMBERS OF BOARD COMMITTEES

Reference is made to the appointment of independent non-executive Directors as set out in the announcement of 東方證券股份有限公司 (the “ Company ”) dated December 8, 2020 in relation to the poll results of the extraordinary general meeting. Mr. WU Hong, Mr. FENG Xingdong and Mr. HE Xuan have been serving as the independent non-executive Directors of the Company since December 8, 2020.

The Board of Directors of the Company has deliberated and approved to elect Mr. WU Hong as the chairman and Mr. HE Xuan as a member of the Remuneration and Nomination Committee under the fourth session of Board of Directors, Mr. WU Hong as a member of the Compliance and Risk Management Committee under the fourth session of Board of Directors and Mr. FENG Xingdong and Mr. HE Xuan as members of the Audit Committee under the fourth session of Board of Directors. Mr. WU Hong, Mr. FENG Xingdong and Mr. HE Xuan will perform their duties in the relevant committees from the date of this announcement until the expiry date of the fourth session of Board of Directors.

Upon the aforementioned appointment, the Company has complied with the requirements on the composition of the Remuneration and Nomination Committee under Rule 3.25 and Code Provision A.5.1 of Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Hong Kong Listing Rules ”) as well as the requirements on the composition of the Audit Committee under Rule 3.21 of Hong Kong Listing Rules.

By order of the Board of Directors JIN Wenzhong Executive Director

Shanghai, PRC December 14, 2020

As at the date of this announcement, the Board of Directors comprises Mr. JIN Wenzhong as executive Director; Mr. LIU Wei, Mr. WU Junhao, Mr. ZHOU Donghui, Mr. LI Xiang, Ms. XIA Jinghan and Mr. XU Jianguo as non-executive Directors; and Mr. XU Zhiming, Mr. JIN Qinglu, Mr. WU Hong, Mr. FENG Xingdong and Mr. HE Xuan as independent non-executive Directors.