The Board of C&D Property Management Group Co. Limited announced that with effect from 25 August 2022, (i) Mr. Zhuang Yuekai has resigned as a non-executive director of the Company the chairman of the Board chairman of the nomination committee of the Board and member of the remuneration committee of the Board due to his personal reasons; (ii) the Company's non-executive Director, Mr. Lin Weiguo, has been appointed as the Chairman, chairman of the Nomination Committee and a member of the Remuneration Committee; and (iii) Mr. Xu Yixuan has been appointed as a non-executive Director. Mr. Lin Weiguo, aged 43, was appointed as a Director from 22 September 2020 until his re-designation as a non-executive Director on 28 September 2020.

Mr. Lin worked as a financial manager, manager, regional sales director of a branch of Xiamen Overseas Chinese Electronic Co. Ltd., a company listed on the Shanghai Stock Exchange, from March 2000 to September 2007, where Mr. Lin was responsible for regional financial work and business management work of the relevant company. Mr. Lin has joined C&D Real Estate Corporation Limited since September 2007 and worked as a financial controller from July 2013 to January 2016, and an assistant to general manager from February 2016 to January 2017.

Mr. Lin has been a deputy general manager, a member of the party committee and a director of C&D Real Estate since February 2017, September 2017 and April 2019, respectively. Mr. Lin was the financial controller of C&D International Investment Group Limited, a company listed on the Stock Exchange from March 2015 to March 2016 and was the chief operating officer of CDI from March 2016 to March 2019. Mr. Lin has been an executive director and the chief executive officer of CDI since March 2019.

Mr. Lin has been a director of C&D Holsin Engineering Consulting Group Co. Ltd., a company listed on the Shanghai Stock Exchange, since December 2021. Mr. Lin was recognised as a senior economist by Senior Position Review Committee of Economics in Xiamen in August 2015 and senior accountant by Fujian Human Resources and Social Security Bureau in August 2016.

Mr. Lin obtained a bachelor's degree in accounting from Anhui University of Finance and Economics in July 2010. Mr. Xu Yixuan (), aged 43, has been appointed as a non-executive Director with effect from 25 August 2022. Mr. Xu joined C&D Real Estate in 2004 and served as deputy general manager of Design Management Center, general manager of Engineering Management Center, general manager of Xiamen Business Department, general manager of Southeast Regional Branch, etc.

He is currently the chairman of the Southeast cluster of C&D Real Estate. Mr. Xu graduated from Fuzhou University with a bachelor's degree in Art Theory, and is an industrial artist.