Ning Yu was approved to serve as the Chief Compliance Officer of Shanxi Trust.

On November 3rd, the Shanxi Regulatory Bureau of the China Banking and Insurance Regulatory Commission issued a reply approving the appointment qualifications of Ning Yu, the Chief Compliance Officer of Shanxi Trust Company Limited. The company is required to ensure that the above-mentioned approved personnel strictly comply with the relevant regulatory provisions of the China Banking and Insurance Regulatory Commission. The approved personnel must take office within 3 months from the date of this administrative licensing decision and report to duty as required in a timely manner. If the approved personnel fail to take office within the specified period, this approval document will become invalid, and the issuing authority will handle the administrative procedures for canceling the license.