The board of directors of Huishang Bank Corporation Limited announced that Mr. Li Ruifeng, tendered his resignation to the board of supervisors of the Bank on January 21, 2021 due to work adjustment, resigning from the positions as a shareholder representative supervisor and a member of the nomination committee under the Board of Supervisors of the Bank. The Board of Supervisors also received a resignation tendered by Mr. Yang Mianzhi, an external supervisor of the Bank, on the same day, resigning from the positions as an external supervisor, chairman and a member of supervision committee under the Board of Supervisors of the Bank due to his heavy business commitment. The resignations of both Mr. Li and Mr. Yang will take effect on January 21, 2021.