Western Securities: Revoke Jinan Jingshi Road Securities Branch.

Western Securities Announcement: In order to promote the transformation and development of wealth management business of Western Securities Co., Ltd., and to improve the operational efficiency of branch offices, the company has decided to close the Jinan Jing Shi Road Securities Business Department. The company will handle customer assets, settle securities business, terminate business activities, handle industrial and commercial deregistration and other relevant procedures in accordance with the requirements of the Securities Law of the People's Republic of China and the Announcement on the Cancellation or Adjustment of Some Administrative Approval Projects of Securities Companies, and will file with the relevant China Securities Regulatory Commission branch office at the location of the above-mentioned Securities Business Department.