Huafa Property Services Group Company Limited announced that Mr. Tze Kan Fat has tendered his resignation as an executive Director and a vice president of the Company with effect from 16 March 2022 due to his desire to devote more time to his personal endeavours. Mr. Tze has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board would like to take this opportunity to express its gratitude to Mr. Tze for his contribution to the Company during his term of service as an executive Director and a vice president of the Company.

The Board announced that Mr. Gu Yuanping has been appointed as an executive Director and a vice president of the Company with effect from 16 March 2022. Mr. Gu, aged 36, joined Zhuhai Huafa Group Co., Ltd, the ultimate controlling shareholder of the Company, since October 2015 and is currently an assistant general manager of Hong Kong Huafa Investment Holdings Limited, an indirect controlling shareholder of the Company. Mr. Gu is also the deputy director of the legal affairs department and the director of the project management department of Huafa Industrial Limited since August 2018 and November 2021, respectively.

Since July 2019, Mr. Gu has also been the general manager of the legal compliance department of the Company, and has been a joint company secretary of Huajin International Bay Area High-end Services Holdings Company Limited a wholly-owned subsidiary of the Company, since October 2021.