Haitong Securities Co., Ltd. announced that board received the written resignation from Mr. QU Qiuping ("Mr. QU") on 2 September 2021. Mr. QU has tendered his resignation from the office of executive director, chairman of the compliance and risk control committee of the Board of the Company, and the general manager of the Company due to change in work arrangement. Mr. QU Qiuping has served as the executive director and the general manager of the Company since June 2014. During his tenure, he was diligent and dedicated. He took a lead and set an example in the Company and dared to take responsibilities. He is committed to implementing the decisions and arrangements of the Board of the Company, promoting the implementation of various strategic measures in an orderly manner, continuously strengthening and refining management, improving the work style of cadres and employees, and increasing the ability of risk prevention and control. Mr. QU has led the management team and all cadres and employees to be pragmatic and innovative, and achieved outstanding results in the optimization of the Company's income structure, seizing the main line of serving the real economy, the acceleration of wealth management transformation, the development of technology-empowered business and the international business layout of the Company, which lay a solid foundation for the future development of the Company.