The board of directors of Everbright Grand China Assets Limited announced that Mr. Lin Zimin ("Mr. Lin") has resigned as an executive Director of the Company with effect from 15 April 2021 due to his desire to devote more time to his other business commitment. Mr. Lin also ceased to be a member of the nomination committee and investment committee of the Company. Mr. Lin will cease to hold any position in the Company after his resignation. The Board announced that Mr. Ma Heming ("Mr. Ma") has been appointed as an executive Director of the Company with effect from 15 April 2021. Mr. Ma has also been appointed as a member of the nomination committee and investment committee of the Company to take the place of Mr. Lin. Mr. Ma, aged 52, is experienced in real estate, international trade and public relations. From August 1990 to February 1992, Mr. Ma worked at Beijing First Construction Engineering Co. Ltd. From March 1992 to September 1999, Mr. Ma worked at China Far East International Trading Corporation. From October 1999 to January 2006, Mr. Ma worked at China Public Relations Association () (the "Association").