Mr. YUEN Chi Wai, an independent non-executive director of Central China Securities Co., Ltd., has served as an independent non-executive director of the Company since 4 June 2014. Mr. YUEN Chi Wai will cease to serve as an independent non-executive director of the Company upon the coming into effect of the appointment of the successive independent non-executive director. After he ceases to serve as an independent non-executive director of the Company, Mr. YUEN Chi Wai will also no longer serve as the chairperson of the Remuneration and Nomination Committee of the Board and a member of the Audit Committee of the Board. Until then, Mr. YUEN Chi Wai will continue to perform his duties as an independent non-executive director of the Company and members of the relevant specialized committees of the Board in accordance with the relevant laws, regulations and the Articles of Association.