The League of Nations Minsheng announced on August 21 that the board of directors of the company received the resignation report from Ge Xiaobo, the company's executive director and president on the same day. Ge Xiaobo resigned as the company's executive director, president, board risk control committee member, and board strategy and ESG committee member due to personal reasons. After his resignation, he will not hold other positions in the company or holding subsidiaries. On the same day, the company held the 8th meeting of the 6th board of directors to deliberate and pass the “Proposal on the Company's Executive Vice President to perform the duties of President”, and agreed that Wang Jinling, the company's executive vice president, will perform the duties of the company's president on his behalf until the new president takes office. The board of directors of the company will complete the selection and recruitment of the new president as soon as possible in accordance with the relevant requirements of laws and regulations.

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