China Overseas Property Holdings Limited announced executive changes. The board of directors announced that Mr. Xiao Xiao will resign as Chairman and Non-executive Director, Chairman and member of Nomination Committee, member of Remuneration Committee and authorized representative of the Company with effect from 13 June 2017. The Board announced that Mr. Yan Jianguo will be appointed as the Chairman and Non-executive Director, the Chairman and member of the Nomination Committee, member of the Remuneration Committee and authorized representative of the Company with effect from 13 June 2017. Mr. Yan will be appointed as the Chairman and Non-executive Director of China Overseas Grand Oceans Group Limited with effect from 13 June 2017.