Su Junliang, the Chairman of Huafu Securities, has resigned and has taken over as the Secretary of the Party Committee of Xingye Securities last week.

Huafu Securities announced that, for work reasons, Su Junliang submitted a written resignation report to the company on June 12, applying to resign from the position of Chairman and other positions. The company expresses its heartfelt gratitude for Su Junliang's outstanding contributions. On June 11, Xingye Securities held a cadre meeting and announced that Su Junliang would take over as Secretary of the Party Committee of Xingye Securities, and the original Secretary, Yang Huahui, would no longer serve due to age-related reasons.