On April 12, 2024, Dazhong Financing Leasing Co., Ltd. held the 2024 1st Board meeting on the 10th floor of the Zhongteng Building. Yang Guoping, Chairman of Dzhong Utilities Group, and Liang Jiawei, President, along with the company's directors, supervisors, and senior management, attended the meeting. The meeting was presided over by Li Weitao, the general manager of the company. The meeting reviewed and unanimously passed the following resolutions: 1. The resolution on the 2023 annual work summary and the 2024 annual work plan; 2. The resolution on economic activities analysis for the year 2023; 3. The resolution on the profit distribution plan for the year 2023.

In 2023, facing the expectations for economic recovery, Dazhong Financing Leasing , under the correct guidance and support of the Group, has been making early preparations, seizing opportunities, and working hard. The company steadfastly advanced the transformation of the business model, focusing on expanding business around two key areas: "consumer finance and platform finance." The business in supply chain finance developed rapidly, platform finance made significant progress, and the factoring business advanced steadily. The company successfully issued a new phase of mobile phone installment ABS, with the coupon rate setting a new low for similar products of the same period. Both the financing leasing and factoring business set new profit records in 2023. In 2024, facing the suspension of the mobile phone business and stricter supervision of local financial organizations, Dazhong Financing Leasing will remain calm and deliberate, fully committed to all aspects of work, striving to achieve a double harvest in the company's strategic transformation and operational targets. It will explore "new platforms and new models" for mobile phone leasing, continue to promote supply chain finance, strive to expand TO B business, vigorously develop platform finance, and steadily improve factoring business. The company aim to sprint from the start of the year to achieve a strong start in the first quarter.

At the meeting, the directors and supervisors fully affirmed the operational achievements made by Dazhong Financial Leasing in 2023, noting that it was not easy to achieve new highs in profits. The Dazhong Factoring had made a good start with stable finances and reasonable fund allocation. The directors suggested continuing to strengthen the awareness of the business sector, and to coordinate the business of financing, factoring, asset management, and commercial card. They also advised to expand and explore business scenarios in line with industrial policies, enhance independent and substantive risk control, and strengthen the cultivation of a talent echelon. Chairman Yang Guoping pointed out that in the face of domestic and international situations, the company must always maintain a clear mind, act in accordance with the trend, improve quality, and manage the proportion of TOB and TOC business projects. The company should focus on doing well in highlight projects, explore international business, cultivate talent accurately, and always put the risk control at the first place. As Dazhong Financial Leasing is about to celebrate its 10th anniversary in December 2024, Chairman Yang Guoping hopes that all staff work together, and plan for the next decade. He encourages the team to seek progress while maintaining stability, to develop and create a new chapter in the history.