Apr 20, 2018
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China Huarong Asset Management Resignation of Chairman and Executive Director

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China Huarong Asset Management RESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTORRESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTOR
PROPOSED NOMINATION OF
CHAIRMAN, EXECUTIVE DIRECTORS AND PRESIDENT
AND
RESUMPTION OF TRADING

This announcement is made by China Huarong Asset Management Co., Ltd. (the “Company”)
pursuant to Rule 13.09(2) and Rule 13.51B(2) of the Rules Governing the Listing of Securities on
The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA
of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Resignation of Chairman and executive director
The board of directors (the “Board”) of the Company hereby announces that, it has come to the
knowledge of the Board that Mr. LAI Xiaomin (“Mr. Lai”), due to personal reason, has submitted
his letter of resignation to the Board to resign as chairman of the Board (“Chairman”) and
executive director of the Company on 17 April 2018 (the “Resignation”), and ceased to perform the
relevant duties, and the Resignation took effect on the same date. Mr. Lai confirmed that he has no
disagreement with the Board and there is no matter in relation to the Resignation which needs to be
brought to the attention of the shareholders of the Company.
The Board believed that the Resignation has no impact on the operations of
2
The biographical information of Mr. Wang Zhanfeng is as below:
Mr. Wang Zhanfeng was born in March 1967. Mr. Wang began his career in August 1991, and
has served as party committee member and vice president of Qingdao City Centre Branch of the
People’s Bank of China from January 2003 to July 2003, a member of the Organization Group of
Qingdao Office of the China Banking Regulatory Commission (now known as China Banking and
Insurance Regulatory Commission)(“CBRC”), from July 2003 to September 2003, party committee
member and deputy director of Qingdao Office of the CBRC from September 2003 to December
2005, deputy director of the Cooperative Financial Institution Supervision Department of the CBRC
from December 2005 to October 2011, party committee secretary and director of Shanxi Office of
the CBRC from October 2011 to April 2014, party committee secretary and director of Guangdong
Office of the CBRC from April 2014 to April 2018. Mr. Wang graduated with a doctorate degree in
Finance from the Southwestern University of Finance and Economics.
The biographical information of Ms. Li Xin is as below:
Ms. Li Xin was born in September 1960. Ms. Li began her career in February 1980, and has served
as party committee member and vice president of secretary Jiangsu Yangzhou Branch of Bank of
China (“BOC”) from August 1992 to October 1996, leader of the Organization Group of secretary
Jiangsu Taizhou Branch of BOC from October 1996 to March 1997, party committee secretary and
president of secretary Jiangsu Taizhou Branch of BOC from March 1997 to March 1998, president
of secretary Jiangsu Yangzhou Branch of BOC from March 1998 to November 1998, party
committee secretary and president of Jiangsu Yangzhou Branch of BOC from November 1998 to
October 2001, party committee member and deputy general manager of the Nanjing Office of China
Orient Asset Management Corporation (now known as China Orient Asset Management Co., Ltd.)
(“China Orient”) from October 2001 to November 2004, leader of the Organization Group of the
Asset Management Department of the headquarters of China Orient from November 2004 to June
2005, general manager of the Asset Management Department of the headquarters of China Orient
from June 2005 to November 2005, general manager of the Market Development Department and
general manager of the Asset Management Department of the headquarters of China Orient from
November 2005 to April 2006, party committee member and assistant-to-president of China Orient
and general manager of the Asset Management Department and Market Development Department
from April 2006 to May 2006, party committee member and assistant-to-president of China Orient
and general manager of the Market Development Department from May 2006 to November 2006,
party committee member and assistant-to-president of China Orient from November 2006 to April
2007, party committee member and vice president of China Orient from April 2007 to May 2016,
deputy secretary of the party committee and chairman of the board of supervisors of China Orient
from May 2016 to April 2018. Ms. Li graduated with a bachelor’s degree in international economics
from the School of Correspondence Education of Party School of the Central Committee of the
Communist Party of China in December 2000.
3
Resumption of trading
The Company has voluntarily applied for a trading halt of its H shares on Wednesday, 18 April
2018. Trading in the H shares of the Company on The Stock Exchange of Hong Kong Limited (the
“Hong Kong Stock Exchange”) was halted with effect from 9:00 a.m. on Wednesday, 18 April
2018, pending the issue of this announcement. Application has been made to the Hong Kong Stock
Exchange for resumption of trading in the Company’s H shares on the Hong Kong Stock Exchange
with effect from 9:00 a.m. on Friday, 20 April 2018.
Potential investors and shareholders of the Company should exercise care when dealing in the
shares of the Company.
By order of the Board
China Huarong Asset Management Co., Ltd.
WANG Lihua
Executive Director, Vice President
Beijing, the PRC
19 April 2018

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