The board of directors of Jiayuan Services Holdings Limited announced that Ms. Mu Liyuan has tendered her resignation as an executive Director and an authorised representative of the company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 9 August 2021 due to her intention to devote more time for her personal commitments. The Board announced that Mr. Bao Guojun has been appointed as executive Director with effect from 9 August 2021. Mr. Bao (with former name as Bao Jinfei), aged 36, is currently the general manager of Hunan Jiayuan Huaguan Property Services Company Limited, an indirect non-wholly-owned subsidiary of the company. Mr. Bao has over 13 years of experience in property management and property development industry. From March 2007 to February 2011, he worked at Zhejiang Jiayuan Property Services Group Company Limited, an indirect wholly-owned subsidiary of the Company, with his last position as the branch manager where he was primarily responsible for project management. From March 2011 to June 2016, he left the Group and worked at Lujiang Guangyuan Real Estate Development Co. Ltd., a company indirectly and wholly-owned by Mr. Shum Tin Ching who is one of the controlling Shareholders, and was mainly engaged in property development, with his last position as an office director, where he was primarily responsible for human resources, administration and property management. From July 2016 to December 2016, he worked at Lujiang Jiayuan Real Estate Development Co. Ltd., a company indirectly wholly-owned by Mr. Shum and was mainly engaged in property development, with his last position as an office director and assistant to the general manager, where he was primarily responsible for providing assistance to the general manager.