The board of directors of Haitong International Securities Group Limited announced that Mr. LIN Ching Yee, Daniel has resigned as an Independent Non-executive Director of the company and has ceased to act as the Chairman of the Audit Committee of the Company with effect from 19 April 2018 in order to devote more time to his own career and business. Mr. Lin has confirmed that there is no disagreement between him and the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company.