The board of directors of China Resources Land Limited announced that with effect from 1 March 2024, Mr. Chen Wei (``Mr. Chen'') has been appointed as an executive Director and a member of the executive committee of the Company. Mr. Chen Wei, aged 39, joined the Company in 2020 and was appointed as the general manager of Operations Management Department of the Company. In March 2023, he was appointed as the vice president of the Company.

He is currently a director of China Resources Material And Equipment E-Commerce Co.,Ltd., a subsidiary of the Company. Prior to joining the Company, Mr. Chen served in positions including general manager of Development Management Department of Sino-Ocean Land Holdings Limited (later renamed as Sino-Ocean Group Holding Limited, shares of which are listed on The Stock Exchange of Hong Kong Limited, general manager of its Tianjin Company, general manager of its Development Business Division I, and the vice president of Sino-Ocean Group Holding Limited. Mr. Chen holds a Bachelor's Degree in Engineering Management from Chongqing University and a Master's Degree in Management Science and Engineering from Tsinghua University's Department of Civil Engineering.

He possesses extensive experience in real estate development and enterprise management.