[GuotaiNews] On August 19, 2020, the financial supervision bureau of yangzhou Wu Shunwen, deputy director li ning, director of Ma Chunxiang, yizheng city vice mayor Li Shengwen, yizheng city song financial regulator and etc., corporation leadership line visit cathay, further cathay group executive vice President of ms Liu Jing accompanied with relevant leaders of reception, the two sides in cathay Pacific (east China) fire industrial park administrative 8 floor conference room, as cathay Pacific public listing plan, problems and intends to communicate.

At the meeting, General Manager Liu elaborated on Cathay's current business situation and systematic planning, including the "433" development strategy, "Five-D" business model and "7+3" market new policies in the next 3-5 years. The work arrangement and progress of the listing of Cathay Pacific have also been reported in detail.

Director Wu Shunwen, Director of the Financial Supervision Bureau, fully affirmed the listing work of our company after listening to the exchange and report of the Group, and urged the heads of relevant departments to do their best to provide better services for the listing work of the company. Encouraging enterprises to strengthen confidence, seize opportunities, improve internal control, and firm confidence to access the capital market. Finally, Director Wu stressed that in the future work, Cathay hopes to further enhance the information, identify the listing path, strengthen the backup listing cultivation, strive to achieve new leapfrog, and promote Cathay's listing work to a new level.