The board of directors of Future Land Development Holdings Limited announced that upon the expiry of the service agreement with the Company on November 6, 2014, Mr. MIN Yuansong has resigned as an executive Director and a member of the nomination committee of the Company due to his decision to devote more time for personal development. The Board is also announced the appointment of Mr. Liang Zhicheng as an executive Director and a member of the Nomination Committee of the Company with effect from November 6, 2014. Mr. Liang, aged 45, has been a co-president of the Company since September 2014.