The board of directors of Cinda International Holdings Limited announced that Ms. Zheng Yi tender her resignation as a non-executive Director with effect from 31 March 2020 due to internal work arrangement. The Board announced that Mr. Zhang Yi has been appointed as a non-executive Director with effect from 31 March 2020. Mr. Zhang has been a general manager of capital planning department of Cinda Securities Co. Ltd., since September 2019.