The board of Colour Life Services Group Co., Limited announced that Huang Wei has resigned as Chief Executive Officer of the company in order to devote more of his time to his other business endeavours and announced Pan Jun, as chairman and an executive Director, has been appointed as the acting chief executive officer of the company with effect from March 26, 2021. Pan is an executive Director and the chairman of the Board. He joined the Fantasia Group in 1999 and is responsible for the overall operation of the Fantasia Group. He is the chairman and an executive director of Fantasia Holdings Group Co., Limited and the controlling shareholder of the Company. Pan is also currently the director of Fantasia China Group Co. Ltd. and the director of a number of the Fantasia's subsidiaries. Pan has over 20 years of experience in the real estate development industry in China and prior to joining the Fantasia Group, Pan was the project manager, the manager of the marketing department, the manager of the valuation department and the assistant to the general manager of World Union Real Estate Consultancy (Shenzhen) Ltd. from March 1994 to September 1999, where he was primarily responsible for marketing and valuation.