Jinmao (China) Investments Manager Limited (the Trustee-Manager, as trustee-manager of Jinmao Investments (the Trust)) and Jinmao (China) Investments Holdings Limited dated 10 February 2016 in relation to chairman under investigation. The boards of directors of the Trustee-Manager and the company (the Boards) announced that Mr. CAI Xiyou has tendered his resignation from the positions of chairman and non-executive director of the Trustee-Manager and the company with effect from 15 March 2016. Mr. CAI has confirmed that he has no disagreement with the Boards and there are no matters relating to his resignation that need to be brought to the attention of the holders of share stapled units jointly issued by the Trust and the company.

The Boards have resolved that Mr. LI Congrui, a non-executive director of the Trustee-Manager and the company, is authorised to assume the role and duties of the chairman during the period commencing from 15 March 2016 and ending on the date of appointment of new chairman of the Trustee-Manager and the company by the Boards.