Springland International Holdings Limited announced that Mr. Tao Qingrong has been re-designated from an executive Director to a non-executive Director and has ceased to act as the Deputy Chairman and Vice President of the Company and its subsidiary with effect from 5 November 2018. Mr. Tao has been an executive Director of the Company since September 2006 and has been the Deputy Chairman and Vice President of the Group since March 2018 and is primarily responsible for the day-to-day management of business and operation of the Group. Mr. Tao was the chief executive officer of the Group from January 2011 to March 2018.