The board of directors of LUZHENG FUTURES Company Limited announced that Mr. Liu Hongsong ("Mr. Liu") has resigned from his position as a non-executive director, a member of the remuneration and appraisal committee as well as the nomination committee of the Company with effect from 10 March 2021 due to personal work arrangement. Mr. Liu confirmed that he has no disagreement with the Board and there is no matter which has to be brought to the attention of the shareholders of the Company in relation to his resignation.