Caidao Securities: Appoints Hu Hengsong as Executive Vice President

Cai Da Securities Announcement: The company held its sixth meeting of the fourth board of directors on May 15, 2025, and approved the "Proposal on the Appointment of an Executive Vice President." It was agreed to appoint Mr. Hu Hengsong as the Executive Vice President, with a term starting from the date of approval by the board of directors until the expiration of the fourth board of directors. Mr. Hu Hengsong, born in October 1979, holds a doctoral degree, currently serves as the company's vice president, does not hold any company shares, and has no relevant relationships with the company's controlling shareholder, actual controller, shareholders holding more than 5% of the shares, other directors, supervisors, or senior management personnel.