China Properties Investment Holdings Limited announced that, from 26 August 2022, the Company has established an investment committee to assist the Board to effectively supervise and timely manage the daily operations of the securities investment business, review and evaluate any investment projects, make recommendations to the Board on any investment projects that may be beneficial to the long-term development of the Group, review the feasibility reports or proposals of investment projects, and deal with investment related matters of the Company. Mr. Han Wei has been appointed as the chairman of the Committee, and Mr. Au Tat On and Mr. Wang Linbo have been appointed as members of the Committee.