Landsea Green Group Co., Ltd. announced the retirement of Mr. Ding Yuan from the office of independent non-executive Director and not offering himself for re-election at the AGM as he would like to spend more time pursuing his own business. Therefore, Mr. Ding retired from office as independent non-executive Director upon conclusion of the AGM. Following the retirement, Mr. Ding ceased to be the chairman of the audit committee of the Company (the "Audit Committee"), a member of each of the remuneration committee (the "Remuneration Committee") and the nomination committee (the "Nomination Committee") of the company. Mr. Ding confirmed that he has no disagreement with the Board, and there is no other matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Mr. Rui Meng was appointed as an independent non-executive Director of the Company. Mr. Rui currently serves as an independent non-executive director and a member of the audit committee of COSCO Shipping Energy Transportation Co., Ltd. The Board further announces that with effect from 27 May 2019: Mr. Xu Xiaonian, an independent non-executive Director, ceased to be a member of the Audit Committee and was appointed as the chairman of the Nomination Committee; Mr. Lee Kwan Hung, an independent non-executive Director, ceased to be the chairman of the Remuneration Committee; Mr. Tian Ming, Chairman of the Board, ceased to be the chairman of the Nomination Committee and a member of the Remuneration Committee; Mr. Chen Tai-yuan, an independent non-executive Director, was appointed as a member of the Audit Committee and Nomination Committee and the chairman of the Remuneration Committee; and Mr. Rui Meng, an independent non-executive Director, was appointed as the chairman of the Audit Committee, a member of the Nomination Committee and the Remuneration Committee; and Mr. Zhou Yimin, the non-executive Director, ceased to be a member of the Nomination Committee.