The board of directors of Jujiang Construction Group Co., Ltd. announced that Mr. Lyu Yaoneng (), the chairman of the Board and an executive Director, has retired as the general manager (which is equivalent to chief executive officer) of the Company with effect from the conclusion of the annual general meeting of the Company held on 31 May 2021 in order to devote more time to oversee the corporate strategic planning and overall business development, management of the Company, while his other positions in the Company remain unchanged, namely the chairman of the Board, an executive Director, the chairman of the strategic committee of the Board, a member of the remuneration and appraisal committee of the Board and a member of the nomination committee of the Board. The Board also announced that Mr. Lyu Yuntao has been appointed by the Board as the general manager (which is equivalent to chief executive officer) of the Company with effect from the conclusion of the AGM in order to fill the vacancy following the retirement of Mr. Lyu Yaoneng. Mr. Lyu Yuntao, Mr. Lyu has more than 10 years of experience in real estate development and operation. From July 2008 to December 2011, Mr. Lyu served as the deputy manager of the preliminary engineering department in Tongxiang Jujiang Real Estate Development Co., Ltd. He was promoted to manager in August 2010, responsible for investment and project management.