The board of directors of Hopson Development Holdings Limited announced that Mr. Xi Ronggui has been appointed as an Executive Director and the Chief Executive Officer of the company with effect from September 1, 2018. Prior to joining the Group, Mr. Xi had worked at China Construction Bank Corporation for 23 years. He had served as general manager of the business department, the Guangdong branch of CCBC from 2009 to 2014, and his last held position was vice president of the same branch of CCBC.