The board of directors of eForce Holdings Limited announced that with effect from 16 July 2020, Mr. Liu Liyang has resigned as the chief executive officer of the Company but remains as an executive Director; and Mr. Qiu Qing has been appointed as the CEO. Following the resignation of Mr. Liu, Mr. Qiu has been appointed as the CEO with effect from 16 July 2020. From April 2013 to July 2015, Qiu served as the Estate and concurrently the chairman of CITIC managing vice president of CITIC Real Estate and concurrently the chairman of CITIC Real Estate Hainan, CITIC Real Estate Shenzhen Investment Co. Ltd. and CITIC Real Estate Huizhou Investment Co. Ltd. Mr. Qiu is the founder, general manager and legal representative of Shenzhen Qianhai CITIC Securities City Development Management Co. Ltd. since May 2014.