The Board of Zhenro Properties Group Limited announced the following changes which have taken effect from 20 January 2023: Mr. Liu Weiliang, an executive Director, has been re-designated from the vice chairman of the Board to the Chairman, and has been appointed as the chairman of the Nomination Committee, a member of the Remuneration Committee and an authorized representative of the Company for the purpose of Rule 3.05 of the Listing Rules; and Mr. Huang Xianzhi has resigned as the Chairman, an executive Director, the chairman of the Nomination Committee, a member of the Remuneration Committee and an authorized representative of the Company for the purpose of Rule 3.05 of the Listing Rules, due to his
plan to retire. Mr. LIU Weiliang, aged 38, was appointed as an executive director of the Company and the Chairman of the Board on 8 June 2020 and 20 January 2023 respectively. Mr. Liu has over 15 years of experience in the real estate industry. Mr. Liu joined the Group in June 2016 and has held various key positions successively, including (i) the deputy general manager of Zhenro (Changsha) Real Estate Co. Ltd. and the project manager for Yichun project of Zhenro Properties Holdings Company Limited (Zhenro Properties Holdings') from June 2016 to August 2017; (ii) the general manager of the merger department of the strategic investment centre and subsequently the general manager of the strategic investment centre of Zhenro Properties Holdings from August 2017 to May 2019; (iii) the vice president of Zhenro Properties Holdings from May 2019 to January 2021; (iv) a director of Zhenro Properties Holdings since November 2019; and (v) the vice chairman of the Board of the Company from 26 March 2021 to 19 January 2023. Mr. Liu has also held several positions in Zhenro Group Co. Ltd. since November 2018. He served successively as the deputy general manager of the strategic operation centre, the general manager of the human resources department, the assistant to the chief executive officer and the executive vice president. Since 11 November 2022, Mr. Liu has served as a non- executive Director of Zhenro Services Group Limited. Before joining the Group, Mr. Liu worked in several real estate companies in the PRC, including (i) the development manager of Evergrande Properties Changsha Real
Estate Co. Ltd. and the deputy general manager of Chenzhou Real Estate Co. Ltd. successively from July 2008 to May 2012; and (ii) the deputy general manager of Heneng Properties Changsha Real Estate Co. Ltd. from May 2012 to June 2016. Mr. Liu obtained a bachelor's degree in engineering management from Changsha University of Science & Technology in 2007.