Jin Yu Che Cheng (000803): Director Resigns And Changes Company Chief Financial Officer

The board of directors of the company received the resignation report of Mr. Hu Ming, vice chairman of the board in April 13, 2020. For personal reasons, Mr. Hu Ming applied to resign as vice chairman and director of the company. Mr. Hu Ming will no longer hold any post in the company after his resignation.

Mr. Hu Ming resigned from the board of directors will result in a smaller number of directors than the minimum number of directors laid down in the company law. Therefore, Mr. Hu Ming's resignation application will take effect when the new director is elected by the shareholders' meeting of the company. During this period, Mr. Hu will continue to perform his duties as a director.

After verification, Mr. Hu Ming did not own shares of the company. The above resignation will not affect the production and operation of our company. The board of directors of the company thanked Mr. Hu Ming for his work during the tenure of office.

After solicit personal opinions, Mr. Zhao Wenyan was no longer the position of chief financial officer of the company because of the reasons for his work, and he had another appointment, but it did not involve directors, supervisors and senior managerial personnel. As of the date of this announcement, Mr. Zhao Wenyan did not hold shares in the company, and the above work would not affect the production and operation of the company.

The board of directors of the company thanked Mr. Zhao Wenyan for his work during his post as chief financial officer.

The company held the eleventh meeting of the tenth board of directors in April 14, 2020. It passed the "motion on replacing the company's chief financial officer" and agreed to appoint Mr. Wu Yanping as the chief financial officer of the company. The term of office is from the date of deliberation of the board of directors to the end of the current term of the board of directors. Mr. Wu Yanping has rich experience in investment and financing management and financial management. Joining Mr. Wu Yanping will help the company broaden its financing channels. The independent director of the company issued an independent opinion on the matter. Notice hereby.