The board of directors of China Resources Land Limited announced that with effect from 12 February 2019, Mr. Wu Xiangdong has resigned as executive director, chairman of nomination committee, members of corporate governance committee and executive committee of the Company due to personal career development. The Board of the Company further announced that with effect from 12 February 2019, Mr. Tang Yong has been appointed as chairman of the Board and ceased to act as chief executive officer. The Board of the company further announced that with effect from 12 February 2019, Mr. Wu Bingqi has been appointed as executive director and member of executive committee of the Company.

Mr. Wu Bingqi was appointed as a Senior Vice President of the Company in October 2013, he is also the General Manager of the Company's West China Region. The Board of the Company further announced that with effect from 12 February 2019, Mr. Tang Yong has been appointed as chairman of the nomination committee; Mr. Li Xin has been appointed as member of corporate governance committee of the Company. Mr. Wu Xiangdong has resigned as the Company's authorized representative in Hong Kong and Mr. Li Xin has been appointed as the Company's authorized representative in Hong Kong with effect from 12 February 2019.