The board of directors of China Resources and Transportation Group Limited announced the appointment of Mr. Wang Gang as an executive director of the Company with effect from 12 January 2022. Mr. Wang, aged 50, is a graduate from Dongbei University of Finance in 2014 with an executive master's degree in business administration. Mr. Wang has more than 20 years investment, real estate and management experience.

Mr. Wang was the general manager of Sany (Zhuhai) Investment Co. Ltd. from 2014 to 2019. Mr. Wang is a member of the 50 expert group of Shenzhen Real Estate.