The board of directors of Yuexiu Services Group Limited announced that Mr. Wu Wei resigned as chief executive officer of the Company with effect from 23 February 2022. Also The Board is pleased to announced hat Mr. Zhang Jianguo has been appointed as Chief Executive Officer, an Authorised Representative and a member of each of the Nomination Committee and Investment Committee with effect from 23 February 2022. Mr. Zhang, has over 15 years of senior management experience in human resources, internal control and corporate culture development in the group of Guangzhou Yue Xiu Holdings Limited and Yuexiu Property Company Limited.