The board of directors of DaFa Properties Group Limited announced that Mr. Liao Lujiang ("Mr. Liao") has tendered his resignation as the chief executive officer of the Company with the Group on 31 January 2022 due to his other personal commitments. The Board announced that Mr. Leng Junfeng ("Mr. Leng") has also been re-designated from his position of the chief operating officer of the Company to the Chief Executive Officer with effect from 31 January 2022. Mr. Leng is in charge of the investment development centre, product and operation centre and marketing management centre of the Group.

He also takes charge of the cost and procurement centre of the Group.