China Yuanbang Property Holdings Limited announced cessation of Huang Tak Wai as Chief Financial Officer. Mr. Huang is responsible for the preparation of all of the Group's financial statements as well as receiving and developing effective financial policies and control procedures within the Group. Reason For Cessation: To pursue other opportunities.

The Board of Directors of China Yuanbang Property Holdings Limited (the "Company" or together with its subsidiaries, the "Group") wishes to take this opportunity to thank Mr. Huang for his services to the Company during his term of office.