The board of directors of the Yida China Holdings Limited announced that each of Mr. Yu Shiping and Ms. Zheng Xiaohua has resigned as an executive Director with effect from 31 March 2021 as they would like to devote more time to their respective personal committments. Each of Mr. Yu and Ms. Zheng has confirmed that there is no disagreement with the Board and he/she is not aware of any matters that need to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited in relation to his/her resignation. The Board announced that each of Mr. Cheng Xuezhi and Mr. Ni Jie has been appointed as non-executive Directors with effect from 31 March 2021. Mr. Cheng has held several senior management positions in the investment or risk department at various companies. From June 2011 to March 2013, Mr. Cheng served as a general manager of the capital operation department at Parkland Commercial Real Estate Co. Ltd. Mr. Cheng has entered into a letter of appointment with the company in respect of the appointment as a non-executive Director for a term of three years commencing from 31 March 2021.