Jilin Jiutai Rural Commercial Bank Corporation Limited announced that Mr. Jin Shuo had tendered his resignation as an independent non-executive director of the Bank due to his decision to devote more time to other works. His resignation was approved by the board of directors of the bank on December 15, 2016. Mr. Jin continued to serve as an independent non-executive director of the Bank until the appointment of his successor would become effective. On December 15, 2016, the Board also approved the nomination of Mr. Jiang Ning as an independent non-executive director of the bank. He has served as the deputy general manager of Shenzhen Hande Finance Holdings Company Ltd. and the general manager of Shenzhen Blockchain Financial Services Limited since December 2016. The appointment of Mr. Jiang became effective on January 19, 2017 and Mr. Jin ceased to act as an independent non-executive director of the Bank, the chairman of the related-party transactions control committee and a member of the audit committee and strategy and development committee under the Board on the same day.