The Board of China Logistics Property Holdings Co., Ltd. announced that, Mr. Sun Limin has tendered his resignation as an executive director with effect from March 30, 2017. The Board announced that, at a meeting at the Board held on March 29, 2017, it was resolved that each of Mr. Wu Guolin and Ms. Li Huifang be appointed as an executive director; Mr. Wang Yeyi be appointed as a non-executive director; and Mr. Chen Yaomin be appointed as an independent non-executive director, with effect from March 30, 2017. The Board also announced that, at a meeting at the Board held on March 29, 2017, it was resolved that Ms. Li Qing be re-designated from an executive director to a non-executive director, and Mr. Chen Runfu be re-designated from a non-executive director to an executive director, with effect from March 30, 2017.