Central China Management Company Limited announced that the board of directors of the Company, together with its subsidiaries, announced that Mr. Ma Xiaoteng will be appointed as the chief executive officer of the Company with effect from 14 February 2022. Mr. Ma, aged 45, currently serves as an executive Director of the Company. Mr. Ma joined Central China Real Estate Limited, together with its subsidiaries, the in March 2001 and had held various positions in the CCRE Group.

Between January 2017 and January 2019, Mr. Ma served as assistant president of CCRE, general manager of Zhoukou region head office, general manager of the Fugou Project and general manager of Zhoukou Jianye Green Base Development Co. Ltd., and was mainly responsible for the management of its business. Since February 2019, he has been the president of Henan Zhongyuan Central China City Development Co.,Ltd and oversees the Group's business.