Gemini Investments (Holdings) Limited announced the following changes in company's core senior management have become effective August 09, 2013. Mr. Sum Pui Ying has been re-designated from a non-executive Director, the chairman of the board, a member of the investment committee and the chairman of the nomination committee of the company to an executive director, chief executive officer, the chairman of the investment committee and a member of the nomination committee of the company. Mr. Li Zhenyu has been re-designated from a chief executive officer and the chairman of the investment committee of the company to a chief operating officer and a member of the investment committee of the company.

Mr. Li Ming has been appointed as a non-executive director, the honorary chairman of the board and the chairman of the nomination committee of the company and Mr. Lai Kwok Hung, Alex has been appointed as an executive director and a member of the investment committee of the company. Mr. Sum ceases to act as an authorized representative of the company and in replacement Mr. Lai Kwok Hung, Alex has been appointed as an authorized representative of the company. Mr. Li Ming is currently the chairman of the board of directors of Sino-Ocean Land.

Mr. Li joined the group of Sino-Ocean Land in July 1997.