Kaisa Prosperity Holdings Limited announced that Ms. Mu Zhaohui has been appointed as chief executive officer of the Company with effect from 16, September 2022. Her biographical details is set out below. Ms. Mu Zhaohui, aged 47, is currently a vice president of Kaisa Group Holdings Limited.

Ms. Mu joined Kaisa Group in February 2011 and successively served as the Shenzhen group vice president, the Guangzhou regional executive vice president and president, the vice president and executive vice president of the capital investment group, the executive vice president of the new business group and the president of the cost management department. Before joining the Kaisa Group, Ms. Mu worked at Excellence Group and Huizhou Fangzhi Group. Ms. Mu graduated from Wuhan University of Science and Technology with a bachelor's degree in engineering management in July 2018.