Harbin Bank : ANNOUNCEMENT RESOLUTIONS PASSED AT THE FIRST MEETING OF THE EIGHTH SESSION OF THE BOARD AND THE FIRST MEETING OF THE EIGHTH SESSION OF THE BOARD OF SUPERVISORS

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Harbin Bank Co., Ltd.

哈爾濱銀行股份有限公司*

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6138)

ANNOUNCEMENT

RESOLUTIONS PASSED AT THE FIRST MEETING

OF THE EIGHTH SESSION OF THE BOARD AND THE FIRST MEETING

OF THE EIGHTH SESSION OF THE BOARD OF SUPERVISORS

Harbin Bank Co., Ltd. (the "Bank") is pleased to announce that the first meeting of the Eighth Session of the Board of Directors of the Bank (the "Board") was held on 24 February 2021 for the purpose of the election of the Chairman and Vice Chairman of the Eighth Session of the Board, the establishment of the special committees under the Eighth Session of the Board and the appointment of the President and other senior management of the Bank. Details of the relevant resolutions passed at the meeting are as follows:

ELECTION OF CHAIRMAN AND VICE CHAIRMAN OF THE BOARD

The Board resolved to elect Mr. Deng Xinquan as the Chairman of the Board and re-elect Ms. Sun Feixia as the Vice Chairman of the Board. The term of office of Mr. Deng Xinquan will be from the date when the approval for his qualification as a director by the banking and insurance regulatory authority under the State Council is obtained to the expiration date of the term of office of the Eighth Session of the Board. The term of office of Ms. Sun Feixia will be from the date when the relevant resolution is approved by the Board to the expiration date of the term of office of the Eighth Session of the Board.

I. ESTABLISHMENT OF THE SPECIAL COMMITTEES UNDER THE EIGHTH SESSION OF THE BOARD

The Board resolved to establish the following special committees under the Eighth Session of the Board and to appoint the chairman and members of each committee:

The Development Strategy Committee

Chairman: Mr. Deng Xinquan

Members: Mr. Lyu Tianjun, Mr. Hou Bojian, Mr. Yu Hong

The Risk Management and Related Transactions Control Committee Chairman: Mr. Jin Qinglu

Members: Mr. Sun Yan, Mr. Zhang Zheng, Ms. Sun Feixia, Mr. Zhang Xianjun

The Nomination and Remuneration Evaluation Committee Chairman: Mr. Sun Yan

Members: Mr. Zhang Zheng, Mr. Hou Bojian, Mr. Zhao Hongbo

The Audit Committee

Chairman: Mr. Jin Qinglu

Members: Mr. Hou Bojian, Mr. Lang Shufeng

Consumer Rights Protection Committee Chairman: Mr. Zhang Zheng

Members: Mr. Sun Yan, Mr. Lyu Tianjun, Mr. Zhang Xianjun

The term of office of the members of the above-mentioned committees will be from the date when the relevant resolution is approved by the Board to the expiration date of the term of office of the Eighth Session of the Board, except that the appointments of Mr. Deng Xinquan and Mr. Jin Qinglu are still subject to the approval by the banking and insurance regulatory authority under the State Council.

Since the qualification of Mr. Jin Qinglu as a director of the Bank is still subject to the approval of the banking and insurance regulatory authority under the State Council, the Audit Committee temporarily does not comprise three members before the approval of the banking and insurance regulatory authority under the State Council is obtained. The Bank expects that the approval of the banking and insurance regulatory authority under the State Council on the qualification of Mr. Jin Qinglu will be obtained within 3 months from the date of this announcement, so that the requirements of Rule 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Long Listing Rules") can be satisfied by then.

II. APPOINTMENT OF PRESIDENT OF THE BANK

The Board resolved to appoint Mr. Lyu Tianjun as the President of the Bank, with a term of office from the date when the relevant resolution is approved by the Board to the expiration date of the term of office of the Eighth Session of the Board.

Biographical details of Mr. Lyu Tianjun are set out below:

Mr. Lyu Tianjun€ѐ˂ёd"Mr. Lyu"), aged 54, has been the president and an executive director of the Bank since July 2018, and has been the secretary of the Party committee and the chairman of Harbin Bank Financial Leasing Co., Ltd€. ۞ვږፄॡ༣Ϟࠢப΂ʮ̡ since June 2018. From June 2001 to July 2018, Mr. Lyu held a number of positions in the Bank, including general manager of the Human Resources Department, general manager of the Risk Management Department, deputy secretary of the Discipline Committee, chief risk officer, vice president and acting president of the Bank. From January 1999 to June 2001, Mr. Lyu worked at the PBOC Harbin Central Subbranch as a reporter and an editor at Editorial Office. From July 1988 to December 1998, Mr. Lyu worked at the Heilongjiang Branch of the PBOC successively as general staff at its Treasury Division and a reporter and an editor at its Research Institute. Mr. Lyu received a Master's degree in Business Administration from China Europe International Business School in October 2013. He is currently an economist as accredited by the PBOC.

Save as disclosed above, Mr. Lyu does not hold any other positions in the Bank or any of its subsidiaries, or held any directorships in other listed public companies in the last three years. Mr. Lyu does not have any relationship with any directors, senior management, substantial shareholder or controlling shareholder of the Bank, nor does he have or is deemed to have any interests or short positions in the shares, underlying shares or debentures of the Bank or any of its associated corporation (within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong).

Save as disclosed above, the Board is not aware of any other matters in relation to the appointment of Mr. Lyu that need to be brought to the attention of the shareholders or any other information that need to be disclosed pursuant to the requirements of Rules 13.51(2)(h) to (v) of the Hong Kong Listing Rules.

The Bank will enter into service contract with Mr. Lyu. His remuneration will be determined according to the Remuneration Management Regulation of the Bank, which may include salary, allowance and discretionary bonus. The specific remuneration will be based on the Supervisory Guidelines on Sound Compensation in Commercial Banks issued by the former China Banking Regulatory Commission and relevant requirements under the Articles of Association. The annual salary and allowance of Mr. Lyu are expected to range from RMB450,000 to RMB650,000, while his final amount of discretionary bonus will be based on his annual performance assessment results after the end of the assessment year.

III. APPOINTMENT OF OTHER SENIOR MANAGEMENT

The Board also resolved to re-appoint Ms. Sun Feixia as Secretary to the Eighth Session of the Board and Company Secretary, Ms. Zhou Jie as Assistant to President of the Bank, Mr. Qi Yilei as Chief Credit Approval Officer of the Bank, Mr. Yang Dazhi as Assistant to President of the Bank, Ms. Wang Ying as Chief Audit Officer and the General Manager of the Internal Audit Department of the Bank, Mr. Gong Tiemin as Chief Risk Officer of the Bank, and Mr. Liang Yong as Chief Information Officer of the Bank. The term of office of the aforesaid members of the senior management are all from the date when the relevant resolutions are approved by the Board to the expiration date of the term of office of the Eighth Session of the Board.

ELECTION OF CHAIRMAN OF THE BOARD OF SUPERVISORS

The Bank is also pleased to announce that Mr. Wang Haibin was elected as the Chairman of the Board of Supervisors of the Bank at the first meeting of the Eighth Session of the Board of Supervisors of the Bank held on 24 February 2021.

By order of the Board of Directors

Harbin Bank Co., Ltd.

Sun Feixia

Vice Chairman and Company Secretary

Harbin, the PRC, 24 February 2021

As at the date of this announcement, the Board of Directors of the Bank comprises Lyu Tianjun and Sun Feixia as executive directors; Zhao Hongbo, Zhang Xianjun, Yu Hong and Lang Shufeng as non-executive directors; Sun Yan, Zhang Zheng and Hou Bojian as independent non-executive directors.

*Harbin Bank Co., Ltd. is not an authorised institution within the meaning of the Banking Ordinance (Chapter 155 of Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking/deposit-taking business in Hong Kong.