Guangdong Land Holdings Limited announced that Mr. HUANG Xiaofeng has reached his retirement age, he has tendered his resignation as Non-Executive Director of the Company and accordingly will cease to be the Chairman of the Board and the Chairman of the Nomination Committee of the Company with effect from 5 June 2019; and Mr. HOU Wailin will be appointed as a Non-Executive Director, the Chairman of the Board and the Chairman of the Nomination Committee of the Company with effect from 5 June 2019. The Board also announced that Mr. HOU Wailin ("Mr. Hou") will be appointed as a Non-Executive Director, the Chairman of the Board and the Chairman of the Nomination Committee of the Company with effect from 5 June 2019.