The board of directors of China Properties Investment Holdings Limited announced that Mr. Lai Wai Yin, Wilson has tendered his resignation as an independent non-executive Director, the chairman of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 3 June 2021 due to his desire to devote more time to his own business commitments. The Board announced that Mr. Tang Yiu Kay has been appointed as an independent non-executive Director and chairman of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 3 June 2021. Mr. Tang is currently a director of Good Chance CPA Limited.