Guolian Securities Co., Ltd. at its AGM held on May 7, 2021 approved by the Shareholders at the AGM, announced the nomination of Mr. Xu Faliang as the Supervisor of the fourth session of the Supervisory Committee of the Company. The Supervisory Committee meeting held on 7 May 2021 by the Company approved the resolution on election of Mr. Xu as the chairman of the Supervisory Committee of the Company. Mr. Xu has the qualification to serve as a Supervisor of the Company, and his term of office as a Supervisor and chairman of the Supervisory Committee will commerce from 7 May 2021 and will end till the expiration of term of the fourth session of the Supervisory Committee. Mr. Xu Faliang is currently the secretary of the discipline inspection committee and the chairman of the labour union of the Company. He once served as the financial manager, deputy general manager and general manager of the Securities Branches of the Company, the general manager of the Auditing Department and chief compliance officer of the Company, the chairman of the supervisory committee of Guolian Futures Co., Ltd., the chief compliance officer of Hua Ying Securities Co., Ltd.