Announcement on the Replacement of "People's Republic of China Financial License" by Jiangsu Guotai Financial Co., Ltd.

With the approval of the Suzhou Regulatory Bureau of the China Banking and Insurance Regulatory Commission, we hereby announce the replacement of the "People's Republic of China Financial License":

Organization name: Jiangsu Guotai Financial Co., Ltd.

English name: JIANGSU GUOTAI FINANCE CO., LTD.

Business scope: Absorption of deposits from member units; granting loans to member units; discounting bills for member units; conducting fund settlement and payment for member units; providing member units with entrusted loans, bond underwriting, non-financing guarantees, financial consulting, credit authentication, and consulting agency services; engaging in interbank lending; accepting bills for member units; engaging in fixed-income securities investments, and other business approved by the China Banking and Insurance Regulatory Commission.

Approval date: September 3, 2013

Address: Guotai Building, People's Middle Road, Zhangjiagang City

Organization code: L0179H332050001

Issuing authority: Suzhou Regulatory Bureau of the China Banking and Insurance Regulatory Commission

Serial number of financial license: 01061028

Date of issue: February 14, 2023