Notice: Amendments to the Policy in respect of U.S. equity market trading

Dear Valued Clients,

Effective immediately, Changjiang Securities Brokerage (HK) Limited will no longer accept any buy or depository orders of any U.S. securities with a previous closing price under US$ 0.50 AND a market capitalization under US$ 50 million.

If you have already held such U.S. securities in your investment account(s) maintained with us, you can only place sell order for such U.S. securities.

For the avoidance of doubt, the purchase and receipt of U.S. securities with a previous close under US$ 0.50 but a market capitalization over US$ 50 million is allowed.

Should you have any queries, please contact your Account Executive or our Customer Service Hotline at (852) 2328 0388 (Hong Kong) / 400-85-95579 (China Toll Free).

Yours sincerely,

Changjiang Securities Brokerage (HK) Limited