DFZQ — Board/Management Information 2021

Feb 9, 2021

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)

ANNOUNCEMENT ON ELECTIONS OF EMPLOYEE REPRESENTATIVE DIRECTOR AND EMPLOYEE REPRESENTATIVE SUPERVISORS

In accordance with the requirements of the Company Law of the People’s Republic of China and the articles of association (the “ Articles of Association ”) of 東方證券股份有限公司 (the “ Company ”), the Company held the fifth general meeting of the third session of the employee representatives on February 9, 2021, in which Ms. Zhu Jing (“ Ms. Zhu ”) was elected as the employee representative director of the fifth session of the board of directors of the Company (the “ Board ”), and will compose the fifth session of the Board together with the directors who will be elected at the extraordinary general meeting of the Company (the “ EGM ”). In addition, Mr. Du Weihua (“ Mr. Du ”), Ms. Ruan Fei (“ Ms. Ruan ”) and Ms. Ding Yan (“ Ms. Ding ”) were elected as the employee representative supervisors of the fifth session of the supervisory committee of the Company (the “ Supervisory Committee ”), and will compose the fifth session of the Supervisory Committee together with the supervisors who will be elected at the EGM.

The biographical details of Ms. Zhu, Mr. Du, Ms. Ruan and Ms. Ding are set out below:

Ms. Zhu Jing , born in 1969, is a member of the Community Party of China (“ CPC ”) and holds a master’s degree in economics. She currently serves as the general manager of strategic development department of the Company, a director and general manager of Orient Finance Holdings (Hong Kong) Limited, a director of Orient Futures Co., Ltd., a director of Orient Securities International Financial Group Co., Ltd., the chairman of supervisory committee of Chengtay Financial Leasing (Shanghai) Co., Ltd., a director of Great Wall Fund Management Co., Ltd. and a supervisor of Shanghai Orient Securities Asset Management Co., Ltd. She served as a staff of Xi’an Mining Machinery Factory from July 1992 to May 1995, the manager and deputy general manager of securities management department of Shanghai Caitong International Investment Management Co., Ltd. from May 1995 to February 1999, a staff, business planning director, senior operation director and assistant to general manager of brokerage business department, assistant to general manager and deputy general manager of operational management department of the Company and deputy director of the Board office of the Company from March 1999 to January 2015, and the general manager of strategic development department of the Company since February 2015.

As at the date of this announcement and to the best of the Board’s knowledge, Ms. Zhu has not held any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years. As at the date of this announcement, Ms. Zhu does not have other relationship with any directors, supervisors, senior management or substantial shareholders of the Company. Ms. Zhu does not have any interest in the shares of the Company or its associated companies within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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There is no other information in relation to the appointment of Ms. Zhu which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Hong Kong Listing Rules ”) nor are there any matters which need to be brought to the attention of the shareholders of the Company.

The Company will enter into a director service contract with Ms. Zhu. The term of office of Ms. Zhu will commence from the date of election of other members of the fifth session of the Board at the EGM, and end on the date of expiry of the term of the fifth session of the Board. The remuneration of Ms. Zhu will be determined in accordance with the remuneration and assessment system of the Company.

Mr. Du Weihua , born in 1964, is a member of the CPC and holds a master’s degree in economics and is an associate professor. Currently, he is the deputy secretary of the CPC Party committee, the secretary of the discipline inspection commission, vice chairman of the Supervisory Committee, an employee representative supervisor and chairman of the trade union of the Company, a supervisor of Shanghai Orient Securities Capital Investment Co., Ltd., a supervisor of Shanghai Orient Securities Innovation Investment Co., Ltd., a supervisor of Orient Futures Co., Ltd. and the director-general in Shanghai Orient Securities Xindeyizhang Public Welfare Foundation. Mr. Du served as a teacher in the School of Finance at Shanghai University of Finance and Economics from July 1984 to June 1998, and the manager of sales department, assistant to the general manager and deputy general manager of the brokerage business department, general manager of the operation and management department, and the general manager of human resources management department of the Company from June 1998 to May 2017, an assistant to the president and employee representative supervisor of the Company from January 2012 to August 2015. He served as vice president of the Company from August 2015 to February 2020, an employee representative director from March 2018 to February 2020, the deputy secretary of the CPC Party committee and the secretary of the discipline inspection commission of the Company since January 2020 and vice chairman of the Supervisory Committee and an employee representative supervisor since February 2020.

Ms. Ruan Fei , born in 1971, is a member of the CPC, holds a master’s degree in finance, and is a senior accountant and senior economist. Currently, she is the secretary to the Supervisory Committee, office director of the Supervisory Committee and director of the discipline inspection office of the Company. She served as a researcher of the development research department of China Worldbest Group Co., Ltd. from January 1997 to June 1998, a researcher of the securities research institute of the Company from June 1998 to March 2005, the assistant to office director and deputy office director of the Company from March 2005 to March 2012, the secretary to the Supervisory Committee and office director of the Supervisory Committee of the Company since March 2012, and the director of the discipline inspection office of the Company since December 2012.

Ms. Ding Yan , born in 1979, is a member of the CPC, holds a master’s degree in economic laws and a degree of master of science, and is an economist. Currently, she is the deputy general manager (in charge of affairs) of the audit department of the Company and a supervisor of Orient Securities Investment Banking Co., Ltd. She served as a clerk and deputy chief clerk of the banking management department and the office of People’s Bank of China, Shanghai branch from August 2001 to August 2005, the deputy chief clerk, chief clerk and section chief of the secretariat of general management department and the anti-money laundering division of financial services department II of People’s Bank of China, Shanghai headquarter from August 2005 to January 2017, the assistant to general manager and deputy general manager of the audit department of the Company from January 2017 to April 2020, and the deputy general manager (in charge of affairs) of the audit department of the Company since April 2020.

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As at the date of this announcement and to the best of the Supervisory Committee’s knowledge, Mr. Du, Ms. Ruan and Ms. Ding have not held any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years. As at the date of this announcement, Mr. Du, Ms. Ruan and Ms. Ding do not have other relationship with any directors, supervisors, senior management or substantial shareholders of the Company. Mr. Du, Ms. Ruan and Ms. Ding do not have any interest in the shares of the Company or its associated companies within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

There is no other information in relation to the appointments of Mr. Du, Ms. Ruan and Ms. Ding which is required to be disclosed pursuant to the requirements set out in Rules 13.51(2)(h) to (v) of the Hong Kong Listing Rules nor are there any matters which need to be brought to the attention of the shareholders of the Company.

The Company will enter into supervisor service contracts with Mr. Du, Ms. Ruan and Ms. Ding. The terms of office of Mr. Du, Ms. Ruan and Ms. Ding will commence from the date of election of other members of the fifth session of the Supervisory Committee at the EGM, and end on the date of expiry of the term of the fifth session of the Supervisory Committee. The remuneration of Mr. Du, Ms. Ruan and Ms. Ding will be determined in accordance with the remuneration and assessment system of the Company.

Mr. Zhou Wenwu and Mr. Yao Yuan, the employee representative supervisors of the fourth session of the Supervisory Committee of the Company, will cease to serve as the supervisors of the Company from the date on which the employee representative supervisors of the fifth session of the Supervisory Committee of the Company take office. Mr. Zhou Wenwu and Mr. Yao Yuan have confirmed to the Board and the Supervisory Committee that they have no disagreement with the Supervisory Committee and there is no matter relating to their resignations that needs to be brought to the attention of the shareholders of the Company or the Hong Kong Stock Exchange.

By order of the Board of Directors JIN Wenzhong Executive Director

Shanghai, PRC February 9, 2021

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.

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