China Resources Land Limited announce that, with effect from 23 September 2025, Mr. Guo Shiqing (``Mr. Guo'') has resigned as an the chief financial officer of the Company and has ceased to act as an authorized representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited due to other work arrangement. Mr. Guo has confirmed that he has no disagreement with the Board and that there are no other matters in respect of his resignation which need to be brought to the attention of the shareholders of the Company and the Stock Exchange. The Board further announces that, with effect from 23 September 2025, Mr. Zhao Wei (``Mr. Zhao'') has been appointed as Chief Financial Officer.
Mr. Zhao Wei, aged 53, joined the Company in September 2025 and was appointed as an executive Director, a member of the Executive Committee, the Chief Financial Officer, the Board Secretary and an Authorized Representative. He served as an executive director and the chief financial officer of China Resources Beer (Holdings) Company Limited from August 2023 to September 2025 and from June 2023 to September 2025, respectively. He joined China Resources Beer (Tianjin) Company Limited in 2003 as the assistant finance director and served high-ranking positions in various departments of the following companies successively, including but not limited to the general manager of the fund management department, general manager of management accounting and statistics department and director of the finance department of China Resources Snow Breweries (China) Co.
Ltd. He served as the chief financial officer of China Resources Pharmaceutical Commercial Group Co. Ltd. He serves as a director of Guizhou Jinsha Jiaojiu Winery Industry Co. Ltd., a subsidiary of CR Beer, since February 2024.
He was appointed as a director of Shandong Jingzhi Baijiu Co. Ltd. in February 2024, a director of Anhui Golden Seed Group Company Limited in March 2024 and a director of Auhui Golden Seed Winery Co. Ltd. in July 2024, respectively.
He has over 20 years of experience in financial management. He holds a Doctor's degree in Engineering from Tianjin University and a qualification certificate from the Chartered Institute of Management Accountants.
