The board of directors of Guangzhou R&F Properties Co., Ltd. announced that Mr. Zhao Xianglin has been proposed by the supervisory committee of the Company to be appointed as a supervisor representing shareholders of the Company. The appointment of Mr. Zhao is subject to approval by the shareholders in an extraordinary general meeting to be held on 16 September 2014. Mr. Zhao has not been a director of any other listed company within the last three years or held any other position in the Company or its subsidiaries.