The board of directors of Logan Property Holdings Company Limited announced that Mr. Chen Guanzhan has been appointed as an executive director of the Company with effect from 17 July 2017. Mr. Chen, aged 58, has been appointed, with effect from 17 July 2017, as the president of Logan Property International Investment Limited. From 12 April 2007 to on 3 November 2009, Mr. Chen was an executive director of Yuexiu Transport Infrastructure Limited (formerly known as GZI Transport Limited). From 1 March 2012 to 28 February 2017, Mr. Chen was an executive director and joint general manager of New World Development Company Limited. From 1 March 2017 to 30 June 2017, Mr. Chen was re-designated as a non-executive director and was appointed as an adviser of New World Development Company Limited.