The board of directors of DaFa Properties Group Limited hereby announced that Mr. Chi Jingyong (Mr. Chi) has tendered his resignation as an executive Director with effect from 19 April 2024 due to his personal health reasons. Mr. Chi has been appointed as the strategic development consultant of the Group with immediate effect and will continue to provide guidance to the Group in terms of strategic development and operation excellence. Following his resignation as an executive Director, Mr. Chi has also ceased to act as an authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange with effect from 19 April 2024.

Mr. Gao Shan, an executive Director and the chairman of the Company, has been appointed as an Authorised Representative with effect from 19 April 2024.