Introduction of Bank of Communications International Trust Co., Ltd.

Bank of Communications International Trust Co., Ltd. (hereinafter referred to as "Bank of Communications International Trust") is one of the non-bank financial institutions controlled by Bank of Communications, with the background of large state-owned commercial banks, unique competitive advantages and excellent brand reputation. The registered capital of the company is RMB1200 million yuan, with Bank of Communications Co., Ltd. holding 85% and Hubei Provincial Department of Finance holding 15%. This company is the first trust company directly invested and controlled by a commercial bank specially approved by the State Council, and it is also the first trust company reorganized and established according to the new "one law and two regulations".