The board of directors of Zhaobangji Properties Holdings Limited announced that Mr. Zhang Guoliang ("Mr. Zhang") has tendered his resignation as independent non-executive Director of the company with effect from 7 January 2021 due to his decision to devote more time to his other business commitments. As at the date of this announcement and following the above resignation of the Director, the Board comprises six executive Directors, namely, Mr. Xu Chujia, Mr. Cai Chun Fai, Mr. Li Yan Sang, Mr. Sze-to Kin Keung, Mr. Wu Hanyu and Mr. Zhao Yiyong; two non-executive Directors, namely, Ms. Zhan Meiqing and Professor Lee Chack Fan, G.B.S., S.B.S., J.P.; and four independent non-executive Directors, namely, Mr. Hui Chin Tong Godfrey, Mr. Ma Fung Kwok, S.B.S., J.P., Mr. Wong Chun Man, and Mr. Ye Longfei.