The board of directors of Xinyuan Property Management Service (Cayman) Ltd. announced that Mr. FU Shaojun has tendered his resignation as an independent non-executive Director with effect from 13 April 2022 in order to devote more time to his other commitments. Following Mr. Fu's resignation as an independent non-executive Director, Mr. Fu has also ceased to be a member of the audit committee of the Company (the "Audit Committee"). The Board announced that Mr. SHEN Yuan-Ching ("Mr. Shen") has been appointed as an independent non-executive Director and as a member of Audit Committee with effect from 13 April 2022.

Mr. Shen currently serves as the chief executive officer of VNET Group Inc. and the executive chairman of Neolink Tech Group Inc. From September 2017 to January 2020, Mr. Shen was the president of JD Cloud, the cloud business unit under JD.com. Mr. Shen formerly held various senior positions at Microsoft Corporation.