The board of directors of Glory Sun Land Group Limited announces that Mr. Zhang Xiaodong has resigned as (i) an executive director of the Company, effective October 12, 2021 due to his other business commitments which require more of his time and dedication. Following Mr. Zhang's resignation as an Executive Director with effective October 12, 2021, he has also ceased to be the Vice Chairman of the Board, the chairman of the Risk Management Committee, and a member of each of the Development Committee and the Investment Committee of the Company. Following the resignation of Mr. Zhang, the Board announced that with effect from 12 October 2021: Mr. Yao Jianhui, the Chairman of the Board, has been appointed as the chairman of the Risk Management Committee; Ms. Zhan Yushan, a non-executive director of the Company, has been appointed as a member of the Investment Committee; and Mr. Fong Ching Kong, the Chief Financial Officer and Company Secretary of the company, has been appointed as a member of the Development Committee.