Lianfa (002394): Resignation Of Deputy General Manager

Lianfa (002394) announced on the evening of June 2, 2022. The board of directors of the company received a written resignation report from Xu Jian, deputy general manager, and Lu jiaosheng, deputy general manager of the company. Both Mr. Xu Jian and Mr. Lu jiaosheng applied to resign from the post of deputy general manager of the company for personal reasons. In accordance with the company law, the articles of association, the guidelines for self regulatory supervision of Listed Companies in Shenzhen Stock Exchange No.1 - standardized operation of listed companies on the main board, the resignation reports of Mr. Xu Jian and Mr. Lu jiaosheng shall come into effect as of the date when they are delivered to the board of directors.

As of the date of this announcement, Mr. Xu Jian does not hold any shares of the company, and there are no commitments that should be fulfilled but not fulfilled; Mr. Lu jiaosheng holds 209960 shares of restricted shares which have not been released from the restricted stock incentive plan of the company in 2018, due to the eighth meeting of the Fifth Board of directors held on April 21, 2022 and the 2021 annual general meeting of shareholders held on May 13, 2022, The motion on repurchase and cancellation of all the remaining restricted stocks granted but not released from the restricted stock incentive plan in 2018 has been deliberated and passed. The part of restricted stocks held by Mr. Lu jiaosheng is currently going through the cancellation procedures. Mr. Lu jiaosheng has no commitments that should be fulfilled but not fulfilled.