Former Chairman of Jiangsu Trust transferred to Jiangsu Guoxin, General Manager Acting as Chairman.

Jiangsu Trust recently announced on its official website that Chairman Hu Jun has resigned from his positions as Chairman of the Board, director, and Chairman of the Board's Strategic and Investment Committee due to a job adjustment. Until the new Chairman is approved by the regulatory authorities, the duties of the Chairman will be carried out by the General Manager and Director Ding Feng. According to sources familiar with the matter, Hu Jun has been transferred to the position of Chief Economist at Jiangsu Guoxin Group.