The board of directors of Yuzhou Properties Company Limited announced that Mr. Chiu Yu Kang has been promoted as the Vice President of the Company, responsible for offshore projects development and assistant to the Chairman for formulation of investment and financing strategies of the Company, with effect from 31 March 2015. In addition, the Board also announced that Mr. Hui Chun Yip has been appointed as the Chief Financial Officer and Company Secretary of the Company with effect from 31 March 2015. Mr. Hui, aged 35, is the Chief Financial Officer and Company Secretary of the Company.

Prior to joining Group, Mr. Hui worked for China South City Holdings Limited.