E-House (China) Enterprise Holdings Limited announced that, Dr. Ding has resigned as the chief executive officer of the Company with effect from April 2, 2024 in light of his expression of interest in acquiring a controlling stake and his intention to concentrate his time on the management of the CRIC Businesses, where Dr. Ding remains as chairman. Dr. Ding will continue to serve as an executive director on the Board. The Board announced that Mr. Zhou Xin ("Mr. Zhou"), chairman and executive director of the Company, has been appointed as the chief executive officer of the Company with effect from April 2, 2024.

Mr. Zhou will not receive additional emolument specifically for this appointment. Instead, his emolument will be based on his existing compensation as executive director and chairman of the Board. Mr. Zhou is entitled to the reimbursement of all reasonable out-of-pocket expenses incurred in relation to the discharge of his duties in connection with the business of the Company.

The biographical details of Mr. Zhou are set out below: Mr. Zhou Xin, aged 56, is a founder of E-House's business, an executive Director, chairman of the nomination committee, and chairman of the Company and its subsidiaries (the "Group"). He is primarily responsible for formulating the overall development strategies and business plans of the Group. Mr. Zhou received his bachelor's degree in mechanical design and manufacturing from the Shanghai University in 1990.

Mr. Zhou has over 25 years of experience in China's real estate industry. He served as deputy general manager of Shanghai Jinfeng Investments Co. Ltd., a company listed on the Shanghai Stock Exchange with stock code 600606.

He has held many roles in E-House (China) Holdings Limited ("E-House (China) Holdings"), formerly listed on the New York Stock Exchange ("NYSE") with stock code EJ, including as its chairman since 2005 and chief executive officer from 2003 to 2009 and again since 2012. Mr. Zhou has served in various Group companies, including (i) as director of E-House Enterprise (China) Group Co. Ltd. since July 2006 and (ii) as executive chairman and director of Leju Holdings Limited, a subsidiary of the Company listed on NYSE with stock code LEJU, since its inception and its listing in April 2014, respectively.

He was also the co-chairman and chief executive officer of China Real Estate Information Corporation ("CRE Corp"), between 2003 and 2012, during the time it was listed on NASDAQ until it was privatised by E-House (China) Holdings. Mr. Zhou currently serves as vice-chairman of China Real Estate Association, director of The Nature Conservancy China, vice-chairman of China Real Estate Developers and Investors Associations, and chairman of Real Estate Service Committee of China Real Estate Association. He is also chairman of Shanghai Real Estate Broker Industry Association, and rotating chairman of Shanghai Entrepreneur Association.

Mr. Zhou is also a director of certain of the Company ' s substantial shareholders and their subsidiaries and associates, as detailed in the section headed "Relationship with our Controlling Shareholders" in the Company's prospectus in relation to its initial public offer in and listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited dated 10 July 2018.