Guolian Securities Co., Ltd. hereby announced that the employee representatives meeting of the Company was held on 15 May 2019, during which Ms. Shen Ying and Ms. Yu Lei were appointed as the employee representative Supervisors for the fourth session of the Supervisory Committee. Each of Ms. Shen and Ms. Yu has received the approval from the China Securities Regulatory Commission to act as a Supervisor of the Company, and their terms of office shall commence from the commencement date of the fourth session of the Supervisory Committee (i.e. 13 June 2019) until the expiry of the term of the fourth session of the Supervisory Committee.