The Board of Directors of FinVolution Group has approved the resignation of Mr. Honghui Hu from his position as the Company's President. Mr. Hu's resignation was due to his personal reasons. Mr. Hu will continue to serve as an advisor to the Company and remain on the Board as a director. In the meantime, Mr. Tiezheng Li, the Company's director and deputy chairman will assume the role of the President. Mr. Tiezheng Li is one of the Company's four co-founders and has been serving as director since March 2015 and deputy chairman since September 2018. Mr. Li also served as the Company's Chief Strategy Officer from July 2017 to April 2020, Chief Operating Officer from April 2015 to July 2017 and Chief Risk Officer from January 2011 to April 2015. Prior to co-founding the Company, Mr. Li held various risk management roles at China Minsheng Banking Corporation from 2006 to 2011.