The Board of Directors of Zhongliang Holdings Group Company Limited announced that with effect from 23 December 2019: Mr. Chen Hongliang an existing co-president of the property business, has been appointed as an executive Director. Mr. Li Heli an existing co-president of the property business, has been appointed as an executive Director and Mr. Yau Sze Ka an existing vice president of the Group, has been appointed as an executive Director, an authorised representative of the Company as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the chief financial officer of the Group. Mr. Xu Liangqiong has resigned as an executive Director and the Authorised Representative due to the Group's business needs and his other business commitment with the Group. He remains as the senior vice president of the Company; and Mr. Ling Xinyu has resigned as an executive Director and the financial controller of the Company due to the Group's business needs and his other business commitment within the Group. He remains as the Group's financing centre general manager.