The board of directors of Modern Land (China) Co., Limited announced that with effect from 27 January 2017, Mr. Zhong Bin and Mr. Chen Anhua have been appointed as an independent non-executive Director and a non-executive Director, respectively. Mr. Zhong has also been appointed as a member of each of the audit committee and the nomination committee of the Company with effect from the same day. The board announces that Mr. Zhong has been appointed as an independent non-executive Director, a member of each of the Audit Committee and the Nomination Committee with effect from 27 January 2017. The board announced that Mr. Chen, who is nominated by Great Wall Pan Asia, has been appointed as a non-executive Director with effect from 27 January 2017.