(October 14, 2014, Beijing, China) China International Capital Corporation Ltd. (“CICC”) today announced that Levin ZHU has resigned from CICC’s CEO and Chairman of the Management Committee.

The Board of Directors has approved his resignation and appointed Shoukang LIN as CICC’s acting CEO and Chairman of the Management Committee. Shoukang LIN will take the lead of the management team to preside over the firm’s daily operation.

The Board of Directors has expressed its utmost gratitude to Levin ZHU for his outstanding contributions to CICC over the past 16 plus years. Under his leadership, CICC has established a research based full-service investment bank business framework of three major business segments, Investment Banking, Sales and Trading and Investment Management with a strategic business network based in Mainland China, New York, London, Singapore and Hong Kong. CICC has been regarded by clients, the securities industry and regulators as China’s investment bank with international standard and quality.

All the shareholders and the Board of Directors will continue to support CICC for its growth and development. We trust that under the leadership of the new management team, CICC will adhere to the goal of “Bridging the World with Roots in China, Building the Future with Innovative Ideas.”, and continue its path of healthy and sustainable growth.