The board of directors of Jinmao Property Services Co., Limited announced that with effect from 19 October 2023, Mr. Song Liuyi has been re-designated from non-executive Director to executive Director. Mr. Song Liuyi remains to act as the chairman of the Board and the chairman of the Strategy and ESG Committee of the Company. Mr. Song Liuyi, who was born in November 1975, has been re-designated as an executive Director with effect from 19 October 2023, and is responsible for the daily operations, formulation of the overall strategy, business planning and operation decisions of the Group.

Mr. Song Liuyi joined the Group in April 2023 as a non-executive Director, and has remained as the chairman of the Board and the chairman of the Strategy and ESG Committee of the Company since joining the Group. Mr. Song Liuyi joined China Jinmao Holdings Group Limited as the assistant to the president in May 2011 and became the vice president of China Jinmao in January 2013. He served as the senior vice president of China Jinmao from March 2017 to September 2023, and as an executive director of China Jinmao from August 2017 to October 2023.

Mr. Song Liuyi also served as an executive director of Shanghai Chentuo Investment & Consulting Co. Ltd., a subsidiary of China Jinmao, from November 2022 to October 2023. Mr. Song Liuyi joined Sinochem Group Co.

Ltd. in 2001 and worked at the investment business department of Sinochem International Corporation, the investment department and the general office of Sinochem Group Co. Ltd. He served as a non-executive director and the chairman of the board of directors of China VAST Industrial Urban Development Company Limited, from July 2021 until the delisting of such company. Mr. Song Liuyi obtained a bachelor's degree in high polymer materials from the Beijing Institute of Technology in 1998 and a master's degree in materials from the Beijing Institute of Technology in 2001.

Mr. Song Liuyi has over 20 years of experience in project investment, real estate development and corporate management.