The Board of Longfor Group Holdings Limited announced that with effect from 24 March 2020, Mr. Wang Guangjian has been appointed as an executive director of the Company; and Mr. Li Chaojiang has been resigned as an executive director and a member of the remuneration committee of the Company. Mr. Wang, aged 48, is the senior vice president of the Group and also serves as the CEO of the rental housing business and the chairman of Longfor Smart Service Group. Mr. Wang joined the Group in 2000 and served as general manager of Chengdu Longfor. He is also a director of certain subsidiaries of the Company. Mr. Wang has been a non-executive director of Greentown Service Group Co. Ltd.