The board of directors of Yuexiu Services Group Limited announced that Mr. Chen Dongpeng ("Mr. Chen") will cease to act as the chief financial officer of the Company ("CFO") with effect from 7 July 2023 and will be re-designated as the head of merger and acquisitions of the Group. Mr. Chen confirmed that he has no disagreement with the Board and there are no matters relating to his cessation to act as the CFO that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board announced that Ms. Li Huiting ("Ms. Li") has been appointed as the CFO with effect from 7 July 2023. Ms. Li, aged 44, has over 10 years of finance management experience in Yuexiu Property Company Limited, a company listed on the Main Board of the Stock Exchange (stock code: 123) and a controlling Shareholder, prior to joining the Group. From August 2001 to January 2008, Ms. Li worked in the audit department of Guangzhou office of PricewaterhouseCoopers (as it then was) with her last position as an audit manager. Ms. Li joined the finance department of Yuexiu Property in November 2008 as a finance manager, and was promoted as the deputy general manager of finance department in August 2016. Since May 2021, she has served as the general manager of the finance management centre of Yuexiu Property,
responsible for various functions such as financial reporting and data control, financing and capital management, as well as budgetary and tax planning. Ms. Li obtained a bachelor's degree in literature majoring in English (international commerce) from Guangdong University of Foreign Studies in the PRC in June 2001. She has been a certified public accountant of The Chinese Institute of Certified Public Accountants since December 2003 and a non-practicing member of the Institute since January 2010.