Guangdong Land Holdings Limited announced that Mr. Alan Howard SMITH has tendered his resignation as an Independent Non-Executive Director of the Company with effect from 1 January 2023 and will devote more time to his other affairs and personal commitments and accordingly will cease to be a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Company with effect therefrom. The Board also announces that Mr. LEUNG Luen Cheong ("Mr. Leung") has been appointed as an Independent Non-Executive Director of the Company and a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Company with effect from 1 January 2023. Mr. LEUNG Luen Cheong (), aged 55, graduated from the University of Leicester with first class-honours and holds a Master's degree in Economics from the University of Oxford.

He is a Chartered Financial Analyst, a member of The Hong Kong Society of Financial Analysts and also holds the Diploma in Investment Analysis and Portfolio Management. Mr. Leung is the founder of autoPI. He worked for various international financial institutions and has over 30 years of working experience in fund performance, investment risk, global investment performance standards and client reporting.

Mr. Leung is an independent non-executive director of Namyue Holdings Limited, the shares of which are listed on The Stock Exchange of Hong Kong Limited.