Effective July 11, 2016, Asia Properties Inc. has accepted the resignation of Mr. Fan Haoran from his position as President, CEO, Secretary and Treasurer of the company. Mr. Fan has served on the Board of Directors since January 19, 2015. He will remain on the Board as a Director.

Effective immediately following the acceptance by the Corporation of the resignation of Haoran Fan, the company has appointed Mr. Chen Junyan to the position of President, Secretary, Treasurer and Director. Mr. Chen is currently the CEO of Tindin Zhi Zhong Group Co Ltd.