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                              Personnel Announcement

                              18-06-2020

                              In a decision issued by the Board of Directors of CIC in June 5, Mr. Liu Jun will no longer serve as Executive Vice President of CIC.

                              CIC acknowledges and applauds Mr. Liu Jun for his extraordinary contribution and service in terms of constructing a comprehensive risk management system, strengthening investment operation capabilities and optimizing IT application during his tenure at CIC.