The board of directors of China Resources Land Limited announced that with effect from 28 September 2023, Mr. Wu Bingqi has resigned as an executive Director, the President of the Company, a member of the executive committee of the Company and a member of the corporate social responsibility committee of the Company due to other work arrangement. Following the resignation of Mr. Wu as the President, Mr. Li Xin, being an executive Director and the Chairman of the Board, will assume the interim duties and responsibilities of the President.